Fujiyama Power Systems Ltd

🔌 Fujiyama Power Systems Acquires 31% Stake in Solar & Cable Manufacturers

• Acquired 31% equity in Zayo Energy (ZEPL) and Zayo Cables (ZCPL)

• ZEPL manufactures solar panel components with ₹1,00,000 paid-up capital

• ZCPL produces electronic and electrical wires/cables with ₹1,00,000 paid-up capital

• Both companies had nil turnover in FY 2024-25

• Acquisition cost: ₹31,000 per company

• Increases Fujiyama's total shareholding to 50% in both (from 19%)

• Aims to achieve backward integration and create operational synergies