Haldyn Associate Acquires 1.39% Stake in Jamnagar Renewables for ₹3.74 Cr

Haldyn Heinz Fine Glass Private Limited, an associate company of Haldyn Glass Limited, has executed a Share Purchase & Shareholder's Agreement to acquire a 1.39% stake in Jamnagar Renewables Two Private Limited. The acquisition involves purchasing 37,41,500 equity shares at ₹10 each for a total cash consideration of ₹3.74 crores. Jamnagar Renewables Two Private Limited is engaged in generating electricity from renewable energy sources and is a subsidiary of Continuum Green Energy Limited. The acquisition is aimed at procuring renewable power under a captive generation scheme and is expected to be completed by the end of August 2026, subject to regulatory compliances. Jamnagar Renewables Two Private Limited reported a turnover of ₹31.79 Crores for FY 2025-26.