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Ravindra Trading to incorporate LLP to co-develop solar power projects with farmers

10 Nov 2015 Evaluate

Ravindra Trading & Agencies has received an approval to incorporate Limited Liability Partnerships (LLP) to co-develop solar power projects with farmers, under the Karnataka Small Farmers Policy. The board of directors at their meeting held on November 09, 2015 has approved for the same.

Further, the board has also decided to transfer 27.91% investment in shares of Renuka Global Minerals (a non-material subsidiary) to Renuka Energy Resource Holdings (FZE), a 100% subsidiary of the company.


Peers
Company Name CMP
NTPC 326.35
Tata Power 366.10
Adani Power 201.80
Power Grid Corpn. 267.45
Adani Energy Solut. 1353.20
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