
Birla Corporation Completes Acquisition of 6.04% Shares in CGE II Hybrid Energy Private Limited
Birla Corporation Ltd has completed the acquisition of 6.04% equity shares in CGE II Hybrid Energy Private Limited. This acquisition was made to source wind-solar power as a captive consumer for a capacity of upto 6 MW for its plant located in Chanderia, Rajasthan. The customary formalities relating to the acquisition have been completed and the Company has received the intimation about credit of shares in its demat account on 19th May, 2025 at around 8.42 p.m. The details of this acquisition were disclosed by the Company in the intimation dated 7th March, 2025 as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 1ith November, 2024.
Key Highlights
- Birla Corporation Ltd has completed the acquisition of 6.04% equity shares in CGE II Hybrid Energy Private Limited
- The acquisition was made to source wind-solar power for its plant located in Chanderia, Rajasthan
- The customary formalities relating to the acquisition have been completed
- The Company has received the intimation about credit of shares in its demat account on 19th May, 2025