Evexia Lifecare updates on business of Heemsol Energy System; Stock down 4%

27 Jul 2022 , 09:52 AM

Evexia Lifecare Ltd has informed that earlier it had acquired 50% stake in Heemsol Energy System Private Limited. Now Heemsol Energy System has received order of Rs4.64 crore from Suryanand Solar Cluster Association, Latur, Maharashtra, for delivery of solar system and for that Company has received advance of Rs35 Lakh.

Further, Heemsol had applied to Madhya Gujarat Vij Company Limited (MGVCL) – Rural of All over Gujarat Residential Project up to 700MW for supply of Solar system. The company was selected and now the company is one of the agency for supply of the Solar system to (MGVCL) – Rural.

Heemsol had also applied to Madhya Gujarat Vij Company Limited (MGVCL) – Urban of All over Gujarat Residential Project upto 700MW for supply of Solar system, Company was selected and now the company is one of the agency for supply of the Solar system to (MGVCL) – Urban.

At around 9:51 AM, Evexia Lifecare was trading at Rs1.99 per share lower by 4.78% on the BSE.