EKI Energy Services (EKIESL) has acquired equity shares of Glofix Advisory Services (the Investee Company), Group Company, by acquiring and/or subscribing to equity shares equivalent to 51% of the issued and paid-up share capital of the Investee Company, resulting in formation of Investee Company as Subsidiary Company of EKIESL.
The objective to invest in the investee company is to work together in the field of environment and to explore more market opportunities in carbon offsetting and to set standards for carbon footprints through AI technology and implementation of Software in sustainability. Further, the company has, in line with the approvals granted by the Board of Directors, completed the purpose of acquisition of shares of Investee Company.
EKI Energy Services is a well-recognized brand in the realm of ‘climate change, carbon credit, and sustainability solutions’ across the globe.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.