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Vardhman Textiles acquisition announcements

Every Vardhman Textiles acquisition announcement on NSE and BSE, newest first, each with its own page.

16:18 IST NSE
AcquisitionVardhman Textiles Ltd VTL

Vardhman Textiles Acquisition Worth ₹24.29 Cr

Vardhman Textiles Limited will acquire a 31.2% stake in ReNew Green (MPR Four) Private Limited for ₹24.29 Crore. The investment in the renewable energy SPV is aimed at securing captive power consumption to comply with Indian electricity laws. The transaction will be completed in three tranches based on project milestones.

Value
₹24.29 Cr
Execution
Three tranches depending upon project stages