Fujiyama Power Systems (UTLSOLAR) has invested Rs 5.01 Cr in its associate Zayo Energy Private Limited (ZEPL) through Compulsorily Convertible Debentures. ZEPL manufactures crucial solar panel components like PV ribbon wire and aluminum frames. This strategic move aims for backward integration, strengthening UTLSOLAR's value chain and unlocking operational synergies within...
Fujiyama Power Systems is boosting its value chain by acquiring 31% stakes in Zayo Energy Private Limited and Zayo Cables Private Limited. This move aims for backward integration, as both companies operate in manufacturing solar panel components and electric wires/cables, aligning with Fujiyama's core business. The deal is expected to...
