MoneyWorks4Me

Birla Corporation completes acquisition of 6.04% stake in CGE II Hybrid Energy

20 May 2025 Evaluate

Birla Corporation has completed acquisition of 6.04% equity shares of CGE II Hybrid Energy to source wind-solar power as a captive consumer for a capacity of upto 6 MW for its plant located in Chanderia, Rajasthan. The company now holds 6.04% equity shares in CGE II Hybrid Energy.

Birla Corporation is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.


Peers
Company Name CMP
Ultratech Cement 10868.15
Ambuja Cements 353.60
ACC 1142.20
Shree Cement 22385.55
Dalmia Bharat 1621.05
View more..