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Prudential Sugar Corporation enters into MoU with Failte Ventures Group

22 Apr 2024 Evaluate

Prudential Sugar Corporation has entered into a Memorandum of Understanding (MoU) with The Failte Ventures Group, Ireland for floating a Joint Venture Company for the purpose of setting up Solar Panel Manufacturing facility in India with a capacity of 500 MW per annum (Proposed Project Transaction), subject to necessary regulatory and statutory approvals, as applicable. 

Prudential Sugar Corporation is engaged in managing the operations of Trident Sugars under a Scheme of Arrangement and entered into an Agreement for Management and Operations with Trident Sugar.

Peers
Company Name CMP
Redington 365.60
Adani Enterprises 2768.25
Amrapali Industries 33.20
Maxgrow India 178.95
Rashi Peripheral 848.30
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