Super Sales India Acquires 26% Stake in Aghanaswath Helios Energy for ₹2.6 Lakh
Team Finance Saathi
09/Apr/2025

What’s covered under the article:
-
Super Sales India acquired a 26% stake in solar firm Aghanaswath Helios Energy Private Limited for ₹2.6 lakh in a cash transaction.
-
The acquisition supports Super Sales India’s renewable energy goals, securing solar power under the group captive model.
-
Aghanaswath Helios, incorporated in May 2024, reported NIL revenue till FY2024-25, as it is in the early stages of operation.
In a significant step toward sustainability and energy cost optimization, Super Sales India Limited has announced the acquisition of a 26% equity stake in Aghanaswath Helios Energy Private Limited, a solar power generation company, for a total consideration of ₹2.6 lakh.
The move is part of the company’s strategy to meet its power requirements through renewable sources, particularly under the group captive solar power model, which allows consumers to benefit from lower power tariffs and meet regulatory renewable energy obligations.
Details of the Acquisition
The transaction, executed on April 9, 2025, involves the acquisition of 2,600 equity shares, representing 26% of the paid-up capital of Aghanaswath Helios Energy Private Limited. The total cost of acquisition is ₹2,60,000, and the payment is being made through cash consideration.
According to the official disclosure, the transaction is between unrelated entities, and there is no involvement of promoter or promoter group companies. This acquisition does not qualify as a related party transaction.
Who is Aghanaswath Helios Energy?
Aghanaswath Helios Energy Private Limited, a newly incorporated company on May 8, 2024, is based in Madurai, Tamil Nadu, and operates in the solar energy sector. Its primary business is to generate solar power and sell it to various entities under the group captive model.
Although it currently has no reported revenue from FY2023 to FY2025, the entity is expected to start operations in the near future. The company’s CIN is U35105TN2024PTC170044, and it is registered at 123/1, Avaniyapuram Bypass Road, Kamarajar Nagar, Madurai - 625012.
Purpose of the Investment
The main objective behind this acquisition is to secure solar power supply for Super Sales India’s operational needs under the group captive model. This model enables businesses to jointly invest in renewable energy generation and use the power at a concessional rate. It is especially beneficial for companies with high energy consumption, allowing them to lock in lower electricity costs and reduce their carbon footprint.
The acquisition aligns with Super Sales India’s long-term sustainability goals, helping reduce dependency on non-renewable energy sources and demonstrating its commitment to green energy.
No Regulatory Hurdles in the Deal
The company has confirmed that no governmental or regulatory approvals are required for this acquisition, which ensures a smooth and timely completion of the transaction. Super Sales India expects the deal to be fully completed before the end of April 2025.
Forward-looking Approach
This strategic investment underlines Super Sales India’s intent to be part of the clean energy revolution in India. With an increasing number of corporations transitioning to renewable energy sources, the company’s move is both timely and future-oriented.
By entering the solar energy ecosystem, Super Sales India is not only working toward ESG (Environmental, Social, and Governance) compliance but also enhancing its operational efficiency through sustainable power procurement.
Conclusion
With this acquisition, Super Sales India joins a growing list of corporates leveraging the benefits of green energy investments. While the target company Aghanaswath Helios Energy is still in its nascent stages with zero revenue as of FY2025, the strategic rationale behind the move lies in long-term cost savings, energy security, and environmental responsibility.
As India pushes ahead with its renewable energy goals, such corporate collaborations are likely to become increasingly common, enabling businesses to meet energy demands efficiently while contributing to a greener planet.
The Upcoming IPOs in this week and coming weeks are Aten Papers & Foam.
Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.
Related News
Disclaimer
The information provided on this website is for educational and informational purposes only and should not be considered as financial advice, investment advice, or trading recommendations.
Trading in stocks, forex, commodities, cryptocurrencies, or any other financial instruments involves high risk and may not be suitable for all investors. Prices can fluctuate rapidly, and there is a possibility of losing part or all of your invested capital.
We do not guarantee any profits, returns, or outcomes from the use of our website, services, or tools. Past performance is not indicative of future results.You are solely responsible for your investment and trading decisions. Before making any financial commitment, it is strongly recommended to consult with a qualified financial advisor or do your own research.
By accessing or using this website, you acknowledge that you have read, understood, and agree to this disclaimer. The website owners, partners, or affiliates shall not be held liable for any direct or indirect loss or damage arising from the use of information, tools, or services provided here.