Bhagyanagar India Expands into Solar Sector with 51% Stake in Crescentia Technology
Bhagyanagar India Limited (BIL) has acquired a 51% stake in Crescentia Technology Private Limited for ₹5,10,000, marking its entry into the renewable energy market. Crescentia Technology, incorporated in 2015, focuses on solar energy products, generation, and project execution. This strategic move diversifies BIL's portfolio and positions it to capitalize on the growing demand for renewable energy solutions in India.