Birla Corporation's Subsidiary to Acquire 26% Stake in Renewable Energy Firm Enfinity Global Energy Innovations

Birla Corporation Ltd's wholly owned material subsidiary, RCCPL Private Limited, has entered into a Share Purchase Agreement (SPA), Shareholders Agreement (SHA), and Power Purchase Agreement (PPA) with Enfinity Global Energy Innovations Private Limited (EGEIPL) to acquire 26% equity shares. The objective is to source renewable power as a group captive consumer for a capacity of up to 6 MW for its plant located at Kundanganj, Uttar Pradesh. The transaction is subject to customary conditions precedents and is expected to be completed by 31st March, 2026.