ELGI EQUIPMENTS is acquiring an 18.01% stake in Constronics Energy Solution Private Limited for ₹1.62 Cr.

This strategic move aims to secure renewable energy for ELGI's operations, ensuring long-term power tariff stability and cost savings.

The acquisition also helps ELGI comply with regulatory requirements for sourcing power.

Constronics Energy, a solar power company incorporated in 2024, has no prior turnover.

This investment directly supports ELGI's operational efficiency by optimising future power costs over 25 years.