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Avaada Electro is the solar module manufacturing arm of the Brookfield-backed Avaada Group. Manufactures solar panels, modules, and renewable energy components positioned at the heart of India's 500 GW non-fossil fuel capacity target by 2030. Filed via confidential (pre-filing) route with SEBI; observations (approval) received April 15, 2026. Expected IPO size ₹9,000–10,000 Cr comprising fresh issue and OFS. ICICI Securities is lead manager. Dates TBA.