Investment8 Jul 2026, 12:11 pm

Standard Capital Markets Approves CCPS Investment in Sunbridge Solar

AI Summary

Standard Capital Markets Limited announced that its Board of Directors, in a meeting held on July 8, 2026, approved the subscription to Compulsorily Convertible Preference Shares (CCPS) of Sunbridge Solar Power Private Limited. This strategic investment, valued at ₹1,200 Crore, aligns with the company's investment strategy to strengthen its portfolio. Sunbridge Solar Power Private Limited, incorporated in July 2022, is involved in establishing and managing solar power generation and infrastructure projects. The investment is not a related party transaction and is subject to definitive agreements and approvals.

Key Highlights

Board approved subscription to CCPS in Sunbridge Solar Power.
Investment aims to strengthen and diversify the company's portfolio.
Sunbridge Solar is in the renewable energy/solar power sector.
The transaction is a cash consideration of ₹1,200 Crore.
The acquisition is not a related party transaction.

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STANCAP

Non Banking Financial Company (NBFC)

STANDARD CAPITAL MARKETS LTD.

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