Green Expansion: Gem Enviro Acquires Majority Stake in Solluz Energy

The board cleared the acquisition during its December 16, 2025 meeting, alongside governance updates including the appointment of an independent director and reconstitution of committees. With majority control in Solluz Energy, Gem Enviro aims to integrate solar and clean energy expertise with its recycling and environmental services. Analysts note that this deal reflects the growing trend of environmental management firms diversifying into energy to capture opportunities in India’s renewable roadmap.  

Notable updates  
• Gem Enviro to acquire 50.1% stake in Solluz Energy for ₹50 million  
• Acquisition approved at board meeting on December 16, 2025  
• Move expands portfolio from recycling and waste management into renewable energy  
• Appointment of independent director and committee reconstitution also approved  
• Strategic alignment with India’s renewable energy targets and sustainability push  

Major takeaway  
Gem Enviro’s acquisition of Solluz Energy signals its ambition to evolve into a broader sustainability leader, combining waste management expertise with renewable energy initiatives to capture emerging opportunities in India’s green economy.  

Sources: Reuters, BSE Filing, ScanX News