Advait Energy Transitions Limited has announced the sale of its entire stakes in two wholly owned subsidiaries to its subsidiary Advait Greenergy Private Limited. The transaction, valued at ₹2.00 lakh in total, involves the transfer of 100% ownership in A&G Hydrogen Technologies Private Limited and Advaiteco Technologies Private Limited.

Transaction Details

The company has executed the sale of its stakes in the following manner:

1. A&G Hydrogen Technologies Private Limited: 10,000 equity shares sold at face value of ₹10.00 per share, totaling ₹1.00 lakh.
2. Advaiteco Technologies Private Limited: 10,000 equity shares sold at face value of ₹10.00 per share, totaling ₹1.00 lakh.

Subsidiary Information

Both subsidiaries are relatively new entities:

• A&G Hydrogen Technologies Private Limited was incorporated on July 26, 2024.
• Advaiteco Technologies Private Limited was incorporated on May 8, 2025.

Due to their recent establishment, both companies reported nil turnover, revenue, income, and net worth for the last financial year.

Transaction Classification

The sale is classified as a related party transaction, as Advait Greenergy Private Limited is a subsidiary of Advait Energy Transitions Limited. The company has confirmed that the transaction is being conducted at arm's length.

Future Status

Following the completion of this transaction, both A&G Hydrogen Technologies Private Limited and Advaiteco Technologies Private Limited will become step-down subsidiaries of Advait Energy Transitions Limited.

Timeline

While the agreement for sale is yet to be executed, the company expects to complete the transaction before December 3, 2025, as previously intimated to the stock exchange.

Regulatory Compliance

Advait Energy Transitions Limited has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

This strategic move by Advait Energy Transitions appears to be part of its corporate restructuring efforts, potentially aimed at streamlining operations or optimizing its corporate structure.

Advait Energy Transitions Limited (formerly known as Advait Infratech Limited) has announced a significant business development, securing a new order worth approximately ₹80.55 crore from Paschim Gujarat Vij Company Ltd (PGVCL). This contract win represents a major milestone for the energy sector firm and underscores its growing presence in the power infrastructure market.

Contract Details

The order, received on September 1, 2025, involves a comprehensive turnkey contract for the supply, installation, testing, and commissioning of 11 KV Medium Voltage Covered Conductor (MVCC) with its accessories and allied items. This project aims to create a robust network for reliable power supply in the 11KV feeder of PGVCL's Bhavnagar Circle under the System Improvement (SI) Scheme.

Project Scope and Timeline

The contract's scope encompasses:

• Supply of 11 KV Medium Voltage Covered Conductor (MVCC)
• Installation of the MVCC and related accessories
• Testing and commissioning of the entire system
• Creation of a robust network for reliable power supply

Advait Energy is expected to complete this project within a 12-month timeframe, demonstrating the company's capability to handle large-scale power infrastructure projects efficiently.

Financial Impact

The total value of the order stands at ₹80,55,15,731.02, inclusive of taxes. This substantial contract is likely to have a positive impact on Advait Energy's financial performance for the upcoming fiscal year.

Strategic Importance

This order from PGVCL, a domestic entity, highlights Advait Energy's strong position in the Indian power sector. It also reflects the growing demand for advanced power distribution solutions in India, particularly in enhancing the reliability and efficiency of existing power networks.

The successful execution of this project could potentially open doors for similar contracts in other regions, further solidifying Advait Energy's reputation as a key player in the energy infrastructure sector.

Compliance and Transparency

In line with regulatory requirements, Advait Energy has promptly disclosed this material development to the BSE Limited, adhering to the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. This transparency ensures that investors and stakeholders are kept informed about significant business developments that may impact the company's performance.

As Advait Energy Transitions Limited embarks on this new project, industry observers will be keenly watching its execution and the potential impact on the company's growth trajectory in the competitive energy infrastructure market.