Zydus Lifesciences to acquire 11.86% stake in AMP Energy Green Nine

For setting up captive wind solar hybrid power project in Gujarat

Zydus Lifesciences announced that in line with the commitment to enhance the share of renewable power source in its operation and to comply with regulatory requirement for being a 'captive user' under Electricity Laws, 2003, the Company has entered into Share Purchase, Subscription and Shareholder's Agreement (SPSSA) to acquire up to 11.86% stake on a fully diluted basis in AMP Energy Green Nine, for setting up captive Wind Solar Hybrid power project in Gujarat.

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