Investment30 March 2026 at 02:11 pm
Torrent Power Ltd Sells Equity Shares Worth ₹ 5,00,000 to Holding Company Torrent Investments Limited
AI Summary
Torrent Power Ltd has sold 50,000 Equity Shares at face value of ₹ 10 each for a total consideration of ₹ 5,00,000/- to Torrent Investments Limited, its Holding Company and Promoter. The transaction is a related party transaction but is done at ‘arm’s length’. The shares were sold on March 30, 2026 at 05:40 pm.
Key Highlights
- Torrent Power Ltd sells equity shares worth ₹ 5,00,000 to Torrent Investments Limited
- The transaction is a related party transaction but is done at ‘arm’s length’
- Torrent Investments Limited is the Holding Company and Promoter of Torrent Power Ltd
- The shares were sold on March 30, 2026 at 05:40 pm
- UNM Foundation, a Section 8 company, is the buyer with no revenue or turnover