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October 27,2026

SWELECT to Acquire Sushma Solar for 50 MW Captive Plant in Rajasthan

SWELECT Energy Systems, solar module maker and power producer, will acquire 100% share capital of Sushma Solar Energy in Rajasthan for cash not exceeding Rs 2.27 crore (∼$0.24 million) for 10,000 equity shares. The purchase was approved on 22 October 2026 by SWELECT's investment committee empowered by the board.

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