Investment19 Jan 2026, 11:26 am
Uno Minda Ltd. to Invest INR 6.50 Crores in Renewable Energy SPV
AI Summary
Uno Minda Ltd. and its subsidiary, Uno Minda Kyoraku Ltd., have approved an investment in the equity shares of M/s. Hexa Sunshine Private Limited, a Special Purpose Vehicle (SPV), for sourcing power through wind and solar energy. The total investment is INR 6.50 crores, with INR 5.25 crores from Uno Minda Ltd. and INR 1.25 crores from Uno Minda Kyoraku Ltd. The SPV is engaged in the business of setting up, generating, and distributing renewable energy from its power plants in India.
Key Highlights
- Uno Minda Ltd. and Uno Minda Kyoraku Ltd. to invest INR 6.50 crores in M/s. Hexa Sunshine Private Limited
- Investment aimed at sourcing power through wind and solar energy
- INR 5.25 crores investment from Uno Minda Ltd. and INR 1.25 crores from Uno Minda Kyoraku Ltd.
- SPV is engaged in the business of renewable energy
- Investment to increase the share of power consumption through renewable energy