Rajapalayam Mills has acquired 29,92,500 equity shares of M/s Green Infra Clean Wind Generation having face value of Rs 10 each for the value of Rs 2.99 crore, consequent to the above purchase company’s total holding in M/s Green Infra Clean Wind Generation increased from 29,92,500 Equity Shares to 59,85,000 Equity Shares. The objective of acquisition is to purchase Solar power under Group Captive mode.
Rajapalayam Mills is engaged in the manufacture and sale of yarns.