Haldyn Glass Acquires Additional Stake in Jamnagar Renewables for ₹1.44 Cr

Haldyn Glass Ltd has announced its decision to acquire an additional stake in Jamnagar Renewables Two Private Limited by investing ₹1.44 Crores. The target entity is engaged in the generation of electricity from renewable energy sources and is a subsidiary of Continuum Green Energy Limited. This acquisition aims to procure renewable power under a captive generation scheme. The transaction involves acquiring 14,40,817 equity shares at an issue price of ₹10 per share. The acquisition is expected to be completed by the end of June 2026, subject to regulatory compliances. This move aligns with the company's strategy in the renewable energy sector.