Investment in Equity Shares of Aghanaswath Helios Energy Private Limited
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Super Sales India Limited has acquired a 26% equity stake (2,600 shares) in Aghanaswath Helios Energy Private Limited, a Madurai-based solar power generation company, for a total consideration of INR 2,60,000 in cash. The target company was incorporated on 08 May 2024 and has reported NIL revenue for the last three financial years (FY23, FY24, FY25). The investment is being made under a group captive power arrangement, where Super Sales will purchase solar power from the target for use in its own business operations. The transaction is between unrelated entities and was completed on 16 April 2025.
This is a very small, strategic investment aimed at securing captive renewable energy supply for Super Sales' operations rather than a value-accretive acquisition. Shareholders are unlikely to see any material financial impact, though it signals the company's intent to source solar power for its own use under the group captive open-access model.