Sterling and Wilson Renewable Energy Limited
Aditya Birla Sun Life Insurance increased its stake in Sterling and Wilson Renewable Energy from 2.59% to 4.17%, buying 36,84,839 shares. The additional shares are worth ₹75.55 crore at ₹205.04 apiece.
A leading global provider of end-to-end solar engineering, procurement and construction solutions, the company designs, builds and maintains large-scale solar power projects across multiple continents and markets. Backed by Reliance Industries, it offers comprehensive services spanning project development, engineering design, procurement, installation and long-term operational support for renewable energy infrastructure. The company serves utility-scale, commercial and industrial solar segments worldwide.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Total AUM of Rs 99,496 crore as of March 2025. CIO Devendra Singhvi runs a diversified equity book across ULIP, participating and group funds with a multi-cap bias. Active in primary issuances and secondary market block deals across sectors.