Grasim: CCI Approves Acquisition of Solenergi Power by Subsidiary

Grasim Industries Ltd announced that its subsidiary, Aditya Birla Renewables Limited (ABReN), has received approval from the Competition Commission of India (CCI) for the acquisition of 100% equity shares and other securities of Solenergi Power Private Limited from Shell Overseas Investment B.V. This approval, granted on October 30, 2026, under Section 31(1) of the Competition Act, 2002, is a crucial step following the Share Purchase Agreement executed on July 13, 2026. The acquisition of Solenergi Power Private Limited, along with its subsidiaries, marks a significant development in Grasim's renewable energy portfolio.