Enviro Infra’s EIE Renewables signs deal for 100% Suyog Urja takeoverEnviro Infra’s EIE Renewables signs deal for 100% Suyog Urja takeover

Introduction

Leading renewable energy infrastructure firm EIE Renewables acquired 51% stake in Suyog Urja through cash deal worth about ₹311 crore for wind sector expansion.

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Share price movement of Enviro Infra Engineers

On April 29, 2026, Enviro Infra Engineers Ltd opened at ₹220.75, up 1.85% from its previous close of ₹216.75. The stock reached a high of ₹226.70 (4.59%) and a low of ₹218.00. By 10:31 AM, it traded at ₹218.60, a 0.85% increase, with a market cap of ₹3,837.09 crore.

EIE Renewables Acquires Suyog Urja

Enviro Infra Engineers Ltd’s wholly owned subsidiary EIE Renewables signed a share purchase agreement to acquire 100% stake in Suyog Urja Ltd in phases. Initial 51% acquisition was completed immediately on April 28, 2026.

The remaining 49% stake in Suyog Urja will be acquired by EIE Renewables in phases within 27 months. The total acquisition cost stands at around ₹311 crore through cash consideration.

Suyog Urja operates in renewable energy infrastructure with focus on wind and solar projects. The company reported ₹171.99 crore FY25 turnover and holds an outstanding order book worth ₹645 crore.

Stock performance of Enviro Infra Engineers for period of 1 week, 6 months, and 1 year

Enviro Infra Engineers Ltd delivered a 1-week return of 2.16%, a 6-month return of -14.4%, and a 1-year return of 5.39%.

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Shareholding pattern of Enviro Infra Engineers

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	70.20%	70.10%	70.10%
FII	0.60%	0.40%	0.40%
DII	0.90%	1.00%	1.30%
Public	28.40%	28.40%	28.20%

About Enviro Infra Engineers

Enviro Infra Engineers Ltd (NSE: EIEL) designs, constructs, operates, and maintains water treatment plants, wastewater treatment plants, and water supply projects for government entities across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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