EV, solar stock Servotech Power shares to be in focus on Wednesday after this incorporation update

Servotech Renewable Power System, a manufacturer of EV chargers, solar products, and power backup solutions, is likely to be on investors’ radar during Wednesday’s session, January 21, following the incorporation of a new subsidiary.

In its regulatory filing on Tuesday, the company informed that it has incorporated Servotech Foundation as a wholly owned subsidiary of the company, and, therefore, it will be treated as a related party.