Prism Johnson: Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Investment In SPV For Captive Wind Power. | Value Research

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Prism Johnson: Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Investment In SPV For Captive Wind Power.

Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 we wish to inform you that the Board of Directors of the Company at its meeting held today has approved an investment not exceeding ? 25.20 Crores in one or more tranches to acquire equity shareholding of up to 45% in Renew Green (MPR Two) Private Limited a Special Purpose Vehicle incorporated by ReNew Green Energy Solutions Private Limited for setting up captive wind power project aggregating to 24 MW for supply to the cement plant of the Company at Satna Madhya Pradesh.

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