Announced Tue, 14 Jul · 17:53 IST
Linde India completes final tranche of investment in Zenataris Renewable Energy
Strategic Transactions View source PDF
LINDEINDIA · price
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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹7090.00
prior close
₹7108.00
base price
After-mkt
timing
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AI summary
Linde India invested Rs 69.90 crore in Zenataris Renewable Energy Private Limited, an SPV of Fourth Partner Energy, subscribing to 82.93 lakh equity shares at Rs 84.30 each. This is the final tranche of a planned total investment of Rs 105 crore. Post-allotment, Linde India holds 26.77 percent in the entity. Purpose is captive procurement of renewable power for the company's operations. The transaction is not a related party deal.
Likely market impact
Completes planned renewable energy SPV investment, supporting captive green power sourcing. Minor stake, no control change.