Positron Energy Ltd Share Price

(POSITRON)

Positron Energy Ltd was originally registered in the name of Positron Energy Private Limited and received a Certificate of Incorporation dated February 15 2008 from the Registrar of Companies Gujarat Dadra and Nagar Haveli. Later on Company converted into a Public Limited Company and the name was changed to Positron Energy Limited . A fresh Certificate of Incorporation dated January 02 2024 was issued by the Registrar of Companies Ahmedabad.The Company for initially 11 years were mere engaged in the Management Technical Advisory Services of Oil and Gas Industry. Since incorporation it provided services to major companies which are engaged in the Oil Gas Sector including both PSUs and private companies. It demonstrated a prominent presence in the Oil and Gas Sector and developed significant expertise and competencies in this field.Led by the Promoters Mr. Rajiv Menon Mr. Manav Bahri and Mr. Sujit K Sugathan the Company is presently engaged in Management Technical Advisory Services of Oil and Gas Industry. It provide end to end solutions for Gas distribution to the Industries across India. It further provide Management Consultancy Services like commercial and financial advisory technical services including Project Management and OM Operation and Management Services across the Gas Sector in India. The Company acquired 13675 Equity Shares 27.35 in Positron Gas Limited resulting in Associate Company w.e.f.May 15 2015. It entered into a joint venture with ICOM North America LLC New Hudson MI and launched the ICOM Dual Fuel LNG Conversion Systems to the Indian market. Later in FY 201819 the Promoters started the aggregation business of Coal Bed Methan Gas CBM for supplying to industrial unit. After having successful business of CBM Gas aggregation also as per the demand of industrial units the Company in July 2022 commenced the business of Natural Gas aggregation for such industrial unit in 2023.The Company is proposing the Public Offer of 2200000 Fresh Issue Equity Shares..

Listing date: 20 Aug, 2024