Websol Green Projects Private Ltd, a promoter entity, increased its stake in Websol Energy System Limited from 4.95% to 7.74% by acquiring 1.21 crore shares for ₹127.38 Cr at ₹105.27 apiece. This acquisition was a result of the conversion of warrants into equity shares.
A manufacturer of photovoltaic crystalline solar cells and modules, this company operates in India's renewable energy equipment sector. The firm specializes in producing high-efficiency solar cells and integrated modules designed for utility-scale and distributed power generation applications. Its operations encompass the complete manufacturing chain, from cell production to module assembly, serving customers across India's rapidly expanding solar energy industry and contributing to the nation's renewable energy infrastructure.
