Shah Metacorp invests in Strike Eco for renewable energy push
Published on: May 26, 2026, 3:14 a.m. | Source: scanx.trade
Shah Metacorp Limited has entered into a strategic partnership with Strike Eco Grid Private Limited to expand into the renewable energy sector. The company acquired a 26% equity stake for cash consideration on April 24, 2026, with plans to increase this to 75% subject to due diligence. Shah Metacorp intends to provide project funding support of up to ₹25 crore and an additional ₹36 crore within two years, totaling a potential commitment of ₹61 crore. The collaboration focuses on solar power generation, ESG consulting, and green hydrogen, targeting domestic and international markets.
