23-Nov-2020
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Biocon
Dear Sir/ Madam
Pursuant to Regulation 30 of the SEBI Listing Regulations we wish to inform you that the Company has entered into an agreement on November 21 2020 for acquisition of 26% equity stake on a fully diluted basis in Hinduja Renewables Two Private Limited ("HRTPL") a special purpose vehicle formed for the purpose of power generation and developing a captive power plant as per Electricity laws.
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