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Birla Corporation informs about updates on acquisition

20 May 2025 Evaluate
In furtherance to intimation dated 7th March, 2025, informing that the Company has entered into a Share Purchase Agreement (SPA) and Power Purchase Agreement (PPA) for acquisition of 6.04% equity shares of CGE II Hybrid Energy Private Limited to source windsolar power as a captive consumer for a capacity of up to 6 MW for its plant located in Chanderia, Rajasthan, Birla Corporation has informed that the aforesaid acquisition of the shares in CGE II Hybrid Energy and all the customary formalities relating to the said acquisition have been completed. The Company now holds 6.04% equity shares in CGE II Hybrid Energy. The Company has received the intimation about credit of shares in its demat account on 19th May, 2025 at around 8.42 pm. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 were already disclosed by the Company in the intimation dated 7th March, 2025.

The above information is a part of company’s filings submitted to BSE.

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