RSWM Limited (BSE:500350) agreed to acquire BG Wind Power Limited from Bhilwara Energy Limited for INR 50 million on May 27, 2022. The consideration to be paid in cash. Purchase of 2,20,50,000 equity shares of face value of INR 10 each, representing 100% of the paid up equity share capital of BG Wind Power Limited, thereby making BG Wind a wholly owned subsidiary of RSWM Limited. Turn Over of BG Wind Power for the Financial Year 2021-22, INR 42.5 million. The board has approved the acquisition of BG Wind Power. The transaction is subject to regulatory and other procedural requirements. The transaction is expected complete Within 12 months.

RSWM Limited (BSE:500350) completed the acquisition of BG Wind Power Limited from Bhilwara Energy Limited on April 6, 2023.