Solar PV module manufacturer Goldi Solar said on Wednesday that it has raised Rs 1,422 crore from Havells India and a consortium of strategic and institutional investors.

Electrical equipment maker Havells India is spearheading the investment. Other investors include Ambit Global Private Client, Nikhil Kamath, Shahi Exports, SRF Transnational Holdings, Karmav Real Estate Holdings, NSFO Ventures and Godwitt Construction.

The growth capital infusion was advised by SBI Capital Markets Limited, with Saraf and Partners serving as company counsel, ensuring robust governance and strategic direction throughout the process, Goldi Solar said.

Investment to fuel capacity, innovation push

Through these investments, the consortium will actively support Goldi Solar’s continued expansion as a global

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