Investment23 Nov 2024, 12:02 am
Bombay Dyeing Invests Rs. 4.95 Crores in AMP Energy C&l Twenty Seven Private Limited
AI Summary
Bombay Dyeing & Mfg. Co. Ltd. has completed its part of the transaction by investing a total of Rs. 4.95 Crores in AMP Energy C&l Twenty Seven Private Limited. This investment was made through the acquisition of 49,50,000 equity shares of Rs. 10/- each. This development is in continuation of the company's earlier disclosures dated 6th May, 2024 and 18th July, 2024, where they announced their intention to acquire up to 26% equity stake in AMP Energy C&l Twenty Seven Private Limited for setting up a captive solar power project in Maharashtra.
Key Highlights
- Bombay Dyeing has invested Rs. 4.95 Crores in AMP Energy C&l Twenty Seven Private Limited
- The investment was made through the acquisition of 49,50,000 equity shares of Rs. 10/- each
- This development is a part of the company's earlier announced plan to acquire up to 26% equity stake in AMP Energy C&l Twenty Seven Private Limited
- The investment is for setting up a captive solar power project in Maharashtra