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Karma Energy gets nod to divest entire stake in Batot Hydro Power

08 Dec 2021 Evaluate

Karma Energy has received approval from board of directors for disinvestment of entire stake in wholly owned material subsidiary company namely -- Batot Hydro Power. The total consideration to be received from such disposal is Rs 10 per share aggregating to Rs 35 crore. The Board of Directors at their meeting held on December 08, 2021 has approved the same.

Karma Energy is engaged in to the production and development of Renewable Energy Sector.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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