PG Electroplast to acquire additional 5.1% stake in Solarstream Renewable Services

PG Electroplast on 03 May 2022 has entered into an Amendment Agreement with Solarstream Renewable Services (Target Company) to additionally acquire 5.1% equity of the Target Company
aggregating to 15.2% equity, for solar power generated at the Solar Power Plant to meet the electricity requirement for the Company's manufacturing plants located at Greater Naida, Uttar Pradesh in terms of the (Indian) Electricity Act, 2013.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 04 2022 | 12:25 PM IST
