Acquisitions18 Dec 2025, 07:11 pm
Hindustan Unilever Ltd Acquires Additional 5.33% Stake in Transition Sustainable Energy Services One Private Limited for Rs. 10.26 Crores
AI Summary
Hindustan Unilever Ltd has completed the acquisition of 1,02,63,744 equity shares of Transition Sustainable Energy Services One Private Limited (SPV) for a consideration of Rs. 10,26,37,440 (Rupees Ten Crores Twenty Six Lakhs Thirty Seven Thousand Four Hundred Forty only) in the second tranche. This acquisition increased the company's stake in the SPV from 22.33% to 27.66%.
Key Highlights
- Hindustan Unilever Ltd acquires an additional 5.33% stake in Transition Sustainable Energy Services One Private Limited.
- The acquisition consideration amounts to Rs. 10.26 crores.
- The SPV stake of Hindustan Unilever Ltd increases from 22.33% to 27.66%.
- The acquisition is in accordance with the terms and conditions of the Transaction Documents dated 18th January, 2024.
- This announcement follows the completion of acquisition of 22.33% stake in the equity share capital of Transition Sustainable Energy Services One Private Limited on 23rd March, 2024.