Elgi Equipments Ltd on Thursday entered into a share Subscription and Shareholders’ Agreement and Power Purchase Agreement with Constronics Energy Solution Private Limited to acquire 18.01 per cent of share capital for ₹1.61 crore, says a company stock exchange announcement.
The proposed investment envisages procurement of renewable energy for the consumption of the company over a tenure of 25 years with an objective of long-term tariff visibility and optimisation of power costs, the announcement said.
Published on August 20, 2026
