Sterling and Wilson Renewable Energy on Monday reported a consolidated net loss of Rs 428.78 crore in the quarter ended December 2021. The company had posted a consolidated net profit of Rs 22.45 crore in the quarter ended December 2020, according to a BSE filing. Total income of the company stood at Rs 1,502.23 crore […]
CCI approves Reliance arm’s acquisition of stake in Sterling and Wilson Renewable Energy – EQ Mag Pro
The Competition Commission of India (CCI) on Wednesday approved the acquisition of shareholding in Sterling and Wilson Renewable Energy Ltd by Reliance New Energy Solar Ltd. According to a combination notice filed with the regulator, Reliance New Energy is seeking to acquire 40 per cent of the total voting equity share capital. However, acquisition can […]
Sterling and Wilson Solar reports Rs 284 cr loss for September quarter – EQ Mag Pro
Sterling and Wilson Solar (SWSL) on Saturday reported a consolidated net loss of Rs 284.35 crore for September quarter 2021-22. The company had logged a consolidated net profit of Rs 15.09 crore in the year-ago period, a BSE filing stated Sterling and Wilson Solar (SWSL) on Saturday reported a consolidated net loss of Rs 284.35 […]
Reliance New Energy Solar offers Rs 375 per share to acquire 26% stake in Sterling and Wilson Solar – EQ Mag Pro
Apart from Reliance New Energy Solar Ltd, the other Reliance Group firms which would be persons acting in concert are Reliance Industries Ltd and Reliance Ventures Ltd. Reliance Group firm Reliance New Energy Solar has offered Rs 375 per share to acquire 4.91 crore shares of Sterling and Wilson Solar for over Rs 1,840 crore. […]
Sterling and Wilson Solar repays full outstanding loans due to company and its subsidiary; Stock trades flat – EQ Mag Pro
The entire outstanding loans of Rs2,563cr along with all further interest accrued till date stands repaid in full, the company said. Sterling and Wilson Solar Limited informed the exchanges Wednesday that the Promoters, i.e. Shapoorji Pallonji and Company Private Limited and Khurshed Daruvala have facilitated the repayment of the balance outstanding loans along with further […]
Sterling and Wilson Solar commissions 66 MWp solar energy project in Jordan – EQ Mag Pro
The project, located on an area of 1.3 sq. kms in Ma’an Governorate, 200 km south of Amman, was executed with more than 850,000 safe manhours during the pandemic, by following all the necessary safety protocols and guidelines set by the local authorities. Sterling and Wilson Solar Limited (SWSL) one of the world’s leading solar […]
Promoters of Sterling and Wilson Solar Pledge More Shares – EQ Mag Pro
Sterling informed stock exchanges that Daruvala pledged company shares as collateral for “supporting cash flow requirements of the promoter group”. Mumbai: Promoters of Sterling and Wilson Solar have further pledged their shares in the company for raising capital from financial lenders. Kainaz Daruvala, a member of the promoter group of Sterling, has pledged 4.9% of […]
Sterling And Wilson Vs Sunshakti Solar Power Projects On 13 August, 2021 – EQ Mag Pro
IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(I) (COMM.) 460/2018 STERLING AND WILSON INTERNATIONAL FZE ….. Petitioner Through: Mr Darpan Wadhwa, Senior Advocate with Mr Anirudh Krishnan, Mr Devashish Chauhan, Ms Sonali Jaitley Bakhshi, Mr Jaiyesh Bakhshi, Mr Sameer Patel, Ms Farida Dholkawala, Mr Shubhanshu Gupta, Mr Chirag Sharma, Mr Mayank Mishra, […]
Sterling And Wilson Vs Skypower Solar India Private On 13 August, 2021 – EQ Mag Pro
IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(I) (COMM.) 461/2018 STERLING AND WILSON INTERNATIONAL FZE ….. Petitioner Through: Mr Darpan Wadhwa, Senior Advocate with Mr Anirudh Krishnan, Mr Devashish Chauhan, Ms Sonali Jaitley Bakhshi, Mr Jaiyesh Bakhshi, Mr Sameer Patel, Ms Farida Dholkawala, Mr Shubhanshu Gupta, Mr Chirag Sharma, Mr Mayank Mishra, […]
Sterling And Wilson Solar Reports Rs 76 Cr Loss in June Quarter
Total income of the company rose to Rs 1,227.20 crore in the quarter under review from Rs 1,099.38 crore in the same period a year ago, according to a regulatory filing by the company. New Delhi: Sterling and Wilson Solar on Saturday reported a consolidated net loss of Rs 76.02 crore for the June quarter […]