Investment20 May 2026, 01:09 pm
Chemfab Alkalis Invests ₹14.9 Cr in Zenataris Renewable Energy
AI Summary
Chemfab Alkalis Ltd has invested ₹14,90,99,985.30 in Zenataris Renewable Energy Private Limited on May 19, 2026, to subscribe to 3.35% equity shares at ₹66.10 each under a group captive mechanism. This investment aims to lower tariffs and achieve cost savings. Zenataris Renewable Energy, incorporated on October 8, 2018, focuses on developing and managing solar and wind power assets.
Key Highlights
- Chemfab Alkalis invests ₹14.9 Cr in Zenataris Renewable Energy.
- The investment secures 3.35% equity shares in Zenataris.
- Investment aims to reduce tariffs and save costs via group captive mechanism.
- Zenataris Renewable Energy focuses on solar and wind power assets.
Price Impact
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