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Powerica Limited has approved the sale of a 49% stake in its wholly owned subsidiary Windstride Power Private Limited to GE Renewable R&D India Private Limited for ₹2.12 crore. Powerica will retain 51% ownership.
“Mumbai-based generator set maker and wind power producer Powerica Limited has approved the sale of a 49% stake in its wholly owned subsidiary, Windstride Power Private Limited, to GE Renewable R&D India Private Limited for ₹2,11,54,525.”vyqon.in
Summarized from public sources; check the original articles before acting on it.