Disclosure pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015
BBTCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
B&B Triplewall Containers Limited's Board approved the acquisition of a 1.30% equity stake in KRV Renewable Energies Private Limited for Rs. 32,500 in cash. The acquisition is required under KPTCL rules to enable the company to enter into a Power Purchase Agreement for sourcing captive solar power. KRV Renewable is a newly incorporated small company (June 2025) engaged in solar power generation, currently with zero turnover. The deal is expected to be completed within 60 days and aims to secure power at competitive tariffs, delivering cost savings compared to conventional grid power.
This is a small strategic acquisition enabling captive power procurement at competitive rates. The Rs. 32,500 investment is minimal and appears to be a regulatory requirement rather than a major business expansion, with limited immediate impact on the company's financials or stock.