Waa Solar Limited (BSE:541445) entered into memorandum of understanding to acquire 95.85% stake in Ml Solar (India) Private Limited from Madhav Infra Projects Limited on September 4, 2018. Transaction is approved by the Board of Director of Waa Solar Limited. As of November 14, 2018, transaction has been approved by the Board of Directors of Madhav Infra Projects Limited.

Waa Solar Limited (BSE:541445) cancelled the acquisition of 95.85% stake in Ml Solar (India) Private Limited from Madhav Infra Projects Limited on September 4, 2019.