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Business Standard - Markets 2d ago

India Cements acquires 12.48% stake in FPEL Services

The acquisition is for the purposes of meeting the Company's green energy needs, optimising energy cost and comply with regulatory requirements for captive power consumption under electricity laws.

ADANIGREENAGNIDPELENERGYGKENERGYGREENPOWERGVPILINDIACEMINOXGREENKPELKPIGREENNTPCGREENSAATVIKGLCapital GoodsConstruction
UltraTech Cement to acquire 26.18% stake in Sunsure Solarpark Seven for ₹19.2 crore
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CNBC TV18 - Markets 87d ago

UltraTech Cement to acquire 26.18% stake in Sunsure Solarpark Seven for ₹19.2 crore

The ₹19.2-crore acquisition is aimed at meeting UltraTech's green energy requirements, optimising energy costs and complying with regulatory requirements for captive power consumption under electricity laws. UltraTech Cement Ltd shares closed at ₹11,225, up ₹109 or 0.98%, on March 18 at the NSE.

ADANIGREENAGNIDPELENERGYGKENERGYGREENPOWERGVPILINOXGREENJKCEMENTKPELKPIGREENNTPCGREENSAATVIKGLULTRACEMCOCapital GoodsConstruction