Investment24 May 2025, 09:21 pm
Craftsman Automation Invests in Solar & Wind Power Generation Companies
AI Summary
Craftsman Automation Ltd has decided to make equity investments in Alagendira Solar Energy Private Limited, Urvang Agro Private Limited, and RC Green Powers Private Limited for solar and wind power generation under the Group Captive Scheme. The total investment will be Rs. 2,60,000, Rs. 1,56,000, and Rs. 13,100 respectively. Upon completion, the company will hold 26% shareholding in Alagendira Solar Energy and Urvang Agro, and 0.87% in RC Green Powers.
Key Highlights
- Investment in solar and wind power generation companies
- Total investment of Rs. 2,60,000, Rs. 1,56,000, and Rs. 13,100
- 26% shareholding in Alagendira Solar Energy and Urvang Agro
- 0.87% shareholding in RC Green Powers
- Companies are present in India