Investment17 Sept 2026, 12:18 pm
Valiant Labs to Invest ₹70 Lakh in AMPYR Renewable Energy
AI Summary
Valiant Laboratories Ltd announced its Board of Directors has approved the acquisition of shares in AMPYR Renewable Energy Resources Twelve A Private Limited for up to ₹70,00,000. This investment is to avail renewable energy under a group captive open access arrangement for its Tarapur plant. AMPYR Renewable Energy Resources Twelve A Private Limited is involved in solar power project development. The acquisition does not involve related parties and is expected to be completed within 12 months.
Key Highlights
- Board approved investment of up to ₹70 Lakh in AMPYR Renewable Energy.
- Investment aims to secure renewable energy via group captive open access.
- Target entity develops solar power projects.
- Acquisition does not involve related parties.
- Transaction expected to complete within 12 months.
Price Impact
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