Investment4 Sept 2026, 05:40 pm
Fujiyama Power Systems Invests ₹5 Cr in Associate Zayo Energy
AI Summary
Fujiyama Power Systems Limited announced an investment of ₹5,00,57,469 by subscribing to 833 Compulsorily Convertible Debentures (CCDs) in its associate company, Zayo Energy Private Limited (ZEPL). The investment, made at a premium of ₹60,083 per debenture, is intended to facilitate backward integration and strengthen the company's value chain in the solar panel components manufacturing sector. ZEPL's paid-up capital is ₹1,00,000 with nil turnover for FY 2025-26. The transaction is conducted on an arm's length basis and is expected to be completed within 60 days.
Key Highlights
- Fujiyama Power Systems invests ₹5.01 Cr in associate Zayo Energy.
- Investment via Compulsorily Convertible Debentures (CCDs).
- Transaction aims for backward integration and value chain synergy.
- ZEPL operates in solar panel component manufacturing.
- Deal expected to complete within 60 days.
Price Impact
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