Shanti Educational Initiatives: Stock gains after company to merge with solar player Grew EnergyShanti Educational Initiatives: Stock gains after company to merge with solar player Grew Energy

Introduction

Leading educational and energy firms approved a merger, transferring educational business to a subsidiary. Shareholders will receive shares in the energy company based on the approved exchange ratio.

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Share price movement of Shanti Educational Initiatives

On March 4, 2026, Shanti Educational Initiatives Ltd opened at ₹203.00, up 2.01% from its previous close of ₹198.95. The stock reached a high of ₹210.00 (5.48%) and a low of ₹186.00 (-6.47%). By 3:03 PM, it traded at ₹188.00, a 5.50% decrease, with a market cap of ₹3,026.80 crore.

Shanti Educational Initiatives Approves Merger

Shanti Educational Initiatives Limited and GREW Energy Private Limited approved a proposed merger today. The Scheme of Arrangement involves shareholders and creditors of both companies and regulatory approvals.

As the first step, SEIL will transfer its business undertaking to Shanti Learning Initiatives Private Limited through a slump sale. SLIPL will issue shares to SEIL based on independent valuation.

The second step involves SEIL’s amalgamation with GREW Energy. GEPL will issue shares to SEIL shareholders according to an independent share exchange valuation approved by the Boards.

The approved share exchange ratio grants SEIL shareholders 100 GEPL shares for every 212 SEIL shares held. Independent valuers Finvox Analytics and A N Gawade recommended this ratio.

Stock performance of Shanti Educational Initiatives for period of 1 week, 6 months, and 1 year

Shanti Educational Initiatives Ltd delivered a -0.43% return over the past week, gained 80.9% in the past 6 months, and rose 146% over the past 1 year.

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Shareholding pattern of Shanti Educational Initiatives

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	52.20%	62.40%	64.50%
FII	22.50%	21.90%	18.50%
DII	0.20%	0.00%	0%
Public	25.10%	15.80%	17.10%

About Shanti Educational Initiatives

Shanti Educational Initiatives Ltd (BSE: 539921) provides education services and related activities. It is part of the Chiripal Group, headquartered in Ahmedabad, 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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