100% wholly owned subsidiary Company of Voltas Limited (A TATA Enterprise)UMPESL – Universal MEP Projects & Engineering Services Limited is one of the most reputed engineering solution providers, specializing in project management.In order to have better emphasis on sustainable and profitable growth, with increased focus on B2B verticals, Voltas had decided to transfer the domestic B2B businesses relating to infrastructure Solutions, Mining and Construction Equipment (M&CE) business and Textile Machinery Division (TMD) business to its wholly owned subsidiary -UMPESL, pursuant to Business Transfer Agreement, which was effective 1st August, 2022. This internal restructuring would provide financial and commercial ease and flexibility to UMPESL to expand business in B2B space.