Investment19 Jan 2026, 11:17 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 of INR 6.50 crores in M/s. Hexa Sunshine Private Limited, a Special Purpose Vehicle (SPV), for sourcing power through wind and solar energy in Gujarat. The investment will be made in one or more tranches, 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 in Gujarat
- SPV is engaged in the business of renewable energy
- Investment to be made in one or more tranches
- SPV has a NIL turnover for the FY 2024-25