Enviro Infra Engineers acquired EIE Renewables for ₹50 crore, entering the renewable energy sector. EIE Renewables, established in February 2025 with ₹50 crore paid-up capital, will focus on sustainable energy. This related-party transaction, involving Enviro Infra's promoter directors, aligns with their expansion into future-oriented businesses, making EIE Renewables a wholly-owned subsidiary.