Key Developments: Swelect Energy Systems Ltd (SWEL.NS)

SWEL.NS on National Stock Exchange of India

137.30INR
21 Sep 2012
Price Change (% chg)

Rs0.30 (+0.22%)
Prev Close
Rs137.00
Open
Rs137.00
Day's High
Rs140.85
Day's Low
Rs136.00
Volume
11,697
Avg. Vol
13,030
52-wk High
Rs527.00
52-wk Low
Rs148.05

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Latest Key Developments (Source: Significant Developments)

Swelect Energy Systems Ltd acquires HHV Solar Technologies Ltd
Friday, 1 Aug 2014 09:41am EDT 

Swelect Energy Systems Ltd:Acquired 51 pct equity shares in HHV Solar Technologies Ltd on Aug. 01.Further, the company is currently holding 49 pct equity shares in HHV Solar Technologies Ltd and with the aforesaid acquisition of 51 pct, HHV Solar Technologies Limited will become a 100 pct wholly owned subsidiary of the company, with effect from Aug. 01.  Full Article

Swelect Energy Systems Ltd recommends final dividend
Thursday, 29 May 2014 11:37am EDT 

Swelect Energy Systems Ltd:Recommends final equity dividend of 9 indian rupees per share (90pct) for the year ended March 31, 2014.  Full Article

Swelect Energy Systems Ltd Decides To Acquire Swelect Green Energy Solutions Private Limited
Monday, 11 Nov 2013 08:18am EST 

Swelect Energy Systems Ltd announced that the Company has decided to acquire the entire Share Capital of Swelect Green Energy Solutions Private Limited. With the aforesaid acquisition, Swelect Green Energy Solutions Private Limited will become 100% wholly owned subsidiary of the Company. Financial terms of the transaction were not disclosed.  Full Article

Swelect Energy Systems Ltd Recommends Final Dividend
Monday, 17 Jun 2013 08:21am EDT 

Swelect Energy Systems Ltd announced that the Board of Directors of the Company at its meeting held on May 29, 2013, inter alia, have recommended a final equity dividend of INR8 per share (80%). This is in addition to the interim equity dividend of INR120 per share (1200%) declared at the Board Meeting held on July 09, 2012.  Full Article

Swelect Energy Systems Ltd Acquires 49% Stake In HHV Solar-Business Standard
Tuesday, 22 Jan 2013 02:23am EST 

Business Standard reported that Swelect Energy Systems Ltd announced the Company‚Äôs foray into Solar PV modules with the acquisition of 49% stake in HHV Solar. According to a statement from the Company the deal is valued at around INR22 crore. The Company in a statement also said that as per the agreement, R Chellappan MD of Swelect Energy has been appointed as the CEO of HHV Solar.  Full Article

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