Other Deals

UPL acquires 26% stake in renewable energy firm Clean Max Kratos for Rs.40-Cr

Press Release   BSE Filing  

Publicly listed agro-chemical firm UPL Ltd has acquired a 26% stake in renewable energy firm Clean Max Kratos Pvt Ltd. UPL will invest, in one or more tranches, about INR 40 crore in the target company. Incorporated in July 2022, Max Kratos will develop and maintain a hybrid 28.05 MW solar and 33 MW wind power project under the captive model in Gujarat.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.