B&B Triplewall to divest 27% stake in Sharvesh Power Projects
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
B&B Triplewall Containers will sell its entire 27 percent equity stake in Sharvesh Power Projects Pvt Ltd. The investment was originally made to support a Power Purchase Agreement for electricity procurement, which has now been rescinded by the board. Since the underlying PPA purpose no longer exists, the board approved disinvesting the full 27 percent holding. Sharvesh contributed nil to the company turnover, revenue, or net worth in FY26. Consideration amount, buyer identity, and completion date are marked Not Applicable in the disclosure.
Likely a minor event as Sharvesh contributed nothing to revenue or net worth. Net impact on shareholder value depends on the undisclosed sale consideration.