
MoU3 April 2026 at 12:34 pm
Retro Green Revolution to Acquire Up to 36% Stake in Sevenglow Lights Limited
AI Summary
Retro Green Revolution Limited has entered into a Memorandum of Understanding (MOU) with Sevenglow Lights Limited dated 25th March, 2026, for a proposed strategic investment. The MOU outlines the intention for Retro to acquire an initial equity stake of up to 36% in Sevenglow Lights Limited, with the potential to increase up to 100% in a phased manner. The investment is intended to support business expansion, strategic growth, and long-term value creation. The transaction is subject to due diligence, regulatory approvals, and execution of definitive agreements.
Key Highlights
- Retro Green Revolution Limited to acquire an initial equity stake of up to 36% in Sevenglow Lights Limited
- The shareholding may be increased up to 100% in a phased manner
- The investment is intended to support business expansion, strategic growth, and long-term value creation
- The transaction is subject to due diligence, regulatory approvals, and execution of definitive agreements
- Retro may assume management control, subject to applicable laws
RGRLTea & Coffee
Retro Green Revolution LtdPrice Impact