Acquisitions19 Feb 2026, 05:01 pm
Prakash Pipes Acquires 26% Stake in BECIS Solar 3 for Solar Power Project
AI Summary
Prakash Pipes Ltd has acquired 26% equity share capital of BECIS Solar 3 Private Limited for the development and construction of a solar power project. The company has been allotted 3,51,352 fully paid-up equity shares of BECIS, having a face value of %1/- each, issued at a premium of %0.02/- per share on 19.02.2026. The total investment amounts to %3,58,379/-. This acquisition is in compliance with the Electricity Rules, 2005.
Key Highlights
- Prakash Pipes acquires 26% stake in BECIS Solar 3 for solar power project
- Total investment amounts to %3,58,379/-
- Acquisition is in compliance with the Electricity Rules, 2005
- BECIS allotted 3,51,352 fully paid-up equity shares to Prakash Pipes