Investment15 Dec 2025, 01:13 pm
Sumeet Industries to Acquire 26% Stake in Bajrang Green Energy for Rs. 26.00 Lakhs
AI Summary
Sumeet Industries Ltd. has announced its decision to acquire a 26% stake in Bajrang Green Energy One Pvt. Limited. The acquisition, worth Rs. 26.00 Lakhs, is part of the company's strategic investment in captive renewable energy projects. This move aligns with Sumeet Industries' commitment to sustainable energy sourcing and compliance with applicable electricity laws. The project will enable the company to access 4.20 MW of Renewable Wind Energy, thereby promoting sustainable ESG and ensuring a reliable green power supply.
Key Highlights
- Sumeet Industries to invest Rs. 26.00 Lakhs in Bajrang Green Energy
- Acquisition of 26% equity share capital in Bajrang Green Energy
- Project to generate 4.20 MW of Renewable Wind Energy
- Investment aimed at captive use and compliance with electricity laws
- Promotes sustainable ESG and ensures reliable green power supply