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Auto Components & Equipments
Investment2 Dec 2025, 06:51 pm

CIE Automotive India Subsidiary Acquires 39.91% Stake in AMPIN Energy Thirty One for INR 87,50,000

AI Summary

CIE Automotive India Ltd's subsidiary, CIE Aluminium Casting India Limited (CIEALCAST), has invested and subscribed to 29% of the equity, on a fully diluted basis, of AMPIN Energy Thirty One. The investment amounts to Rs. 1,75,00,000 (Rupees One Crore Seventy Five Lacs only) and constitutes about 40% of the paid-up equity share capital carrying voting rights of AMPIN Energy Thirty One. The transaction was completed in two tranches, with the first tranche of 8,75,000 equity shares allotted on 2nd December 2025. This investment will enable CIEALCAST to qualify as a captive consumer and optimize power cost at its factory situated at Ch. Sambhaji Nagar, Maharashtra.

Key Highlights

  • CIE Automotive India's subsidiary, CIEALCAST, invests in AMPIN Energy Thirty One
  • Investment amounts to Rs. 1,75,00,000 (Rupees One Crore Seventy Five Lacs only)
  • CIEALCAST to acquire 29% equity stake on a fully diluted basis
  • First tranche of 8,75,000 equity shares allotted on 2nd December 2025
  • Investment will enable CIEALCAST to qualify as a captive consumer
MAHINDCIE
Auto Components & Equipments
Mahindra CIE Automotive Limited

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