Investment18 Aug 2025, 07:00 pm
Sandhar Technologies Acquires 4.51% Stake in Clean Renewable Energy KK 1A Private Limited for INR 2.72 Crores
AI Summary
Sandhar Technologies Limited has executed a Share Subscription and Shareholders Agreement (SSSHA) with Clean Renewable Energy KK 1A Private Limited dated 18th August, 2025. As per the agreement, Sandhar has acquired 4.51% shareholding in the SPV for a total cash consideration of INR 2.72 Crores. This announcement is in continuation of earlier intimations dated 22nd May, 2025 and 22nd July, 2025, and is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Sandhar Technologies has acquired 4.51% shareholding in Clean Renewable Energy KK 1A Private Limited
- The acquisition is for a total cash consideration of INR 2.72 Crores
- The deal is executed through a Share Subscription and Shareholders Agreement (SSSHA)