Indoco Remedies has entered into Share Purchase and Shareholder’s agreement along with the Power Purchase agreement (collectively referred to as agreements) to acquire up to 26% stake in Jalansar Wind Energy, for setting up Solar Power Plant at Akkalkot, Solapur District, Maharashtra. The purpose of entering into the agreements is to establish the Solar Power Plant at Akkalkot, Solapur District in the state of Maharashtra, wherein the power generated will be supplied exclusively to Indoco Remedies under the Captive Rules. The Plant will be established and operated by Jalansar Wind Energy. Post-acquisition Jalansar Wind Energy will be associate of Indoco Remedies.
Indoco Remedies is engaged in the manufacturing and marketing of formulations (finished dosage forms) and active pharmaceutical ingredients (APIs) in India.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1847.30 |
| Dr. Reddys Lab | 1293.25 |
| Cipla | 1347.70 |
| Zydus Lifesciences | 938.90 |
| Lupin | 2377.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: