Acquisitions27 Jun 2025, 08:14 pm
B&B Triplewall Containers Ltd to Acquire 15.00% Stake in Brooks Enviro Engineering for Power Purchase Agreement
AI Summary
B&B Triplewall Containers Ltd has approved the acquisition of 15.00% equity stake in Brooks Enviro Engineering Private Limited. The acquisition is pursuant to a Power Purchase Agreement for ensuring a stable and reliable power supply to meet the company's growing energy requirements. The cost of acquisition is Rs. 15,000 /- (Rupees Fifteen Thousand only).
Key Highlights
- B&B Triplewall Containers Ltd to acquire 15.00% equity stake in Brooks Enviro Engineering Private Limited
- Acquisition is pursuant to a Power Purchase Agreement
- Primary objective is to obtain energy at a lower cost than that offered by the Tamil Nadu Electric Board
- Cost of acquisition is Rs. 15,000 /- (Rupees Fifteen Thousand only)
- Brooks Enviro Engineering Private Limited is involved in Solar Power Generation