GEM Enviro Management Ltd. Updates Timeline for Solluz Energy Acquisition
GEM Enviro Management Ltd. announced a revision to the timeline for its acquisition of shares in Solluz Energy Private Limited. The company had previously indicated an anticipated completion date of March 31, 2026, for the acquisition of up to 26% stake in Solluz Energy Private Limited, a company with CIN: U52100DL2015PTC277648.Due to operational difficulties, the acquisition is now expected to be completed on or before June 30, 2026. The initial announcement regarding the acquisition was made on December 26, 2025.
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