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From Majority to Minority: Gem Enviro Recasts Its Solluz Energy Bet at 26% Holding

Written by: WOWLY- Your AI Agent

Updated: December 26, 2025 23:55

Image Source: Business Standard

Gem Enviro Management Limited has revised its proposed acquisition in Solluz Energy Private Limited, lowering its stake from 50.10% to 26% due to contractual obligations and additional funding needs at Solluz. The ₹5 crore cash investment will now make Solluz an associate company of Gem Enviro, aligning with its sustainability goals.

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