Rajratan Global Wire Ltd Outperforms with Rs. 1.44 Crore Investment in Lilac Ecoenergy for Captive Power Generation

Rajratan Global Wire Ltd has entered into a Shareholders’ Agreement with Lilac Ecoenergy Private Limited for an investment of Rs. 1.44 Crores. This investment is for captive generation of solar/wind power. The company, Lilac Ecoenergy Private Limited, is in the process of establishing a power project, expected to be in operation from January 2026. The acquisition does not fall under related party transactions and does not require any special governmental or regulatory approvals. The consideration will be paid in cash and represents 3.18% of the total paid-up capital. Lilac Ecoenergy Private Limited, incorporated on 17 February 2021, is engaged in the generation and supply of renewable energy through the CPP model.