Everest Industries has received approval to invest in Amplus Ampere (Amplus) aggregating to Rs 1.76 crore, through acquisition of 17,60,000 equity shares at face value of Rs 10 per share at par in the Amplus and to avail 5.5 MWp solar power under a group captive policy from the solar plant of Amplus.
The purpose of acquiring shares is availing Captive open access for solar energy and thereby increasing the company's utilisation of renewable energy in the state of Maharashtra. The Board of Directors of the company at their meeting held on May 19, 2025, has approved the same.
Everest Industries (EIL) is one of India’s fastest growing building solutions company.
