VIKRAM SOLAR: ACQUIRES 100% STAKE IN AUSTRALIAN ARM TO SUPPORT OVERSEAS EXPANSION 🚀
🇦🇺 Company acquires 100% shareholding in Vikram Solar Australia Pty Ltd, making it a wholly owned subsidiary.
💰 Acquisition involves 67,683 shares for USD 50,000, at AUD 1 per equity share.
🌏 Acquisition is aimed at supporting Vikram Solar’s overseas expansion strategy.
⚡ Australian subsidiary operates in the renewable energy industry and is yet to commence commercial operations.
📅 Transaction completed on August 26, 2026.
🟢 Impact: Positive — strengthens Vikram Solar’s international expansion platform and presence in the Australian renewable-energy market.
August 27, 2026 2.8K 1
