Announced Tue, 23 Jun · 22:50 IST
Rajshree Polypack completes Rs 2.03 crore investment in renewable power arm
Strategic Transactions View source PDF
RPPL · price
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Price reaction · full curve 14 horizons · vs prior close
-5.2%1-day move
₹21.84
prior close
₹21.90
base price
After-mkt
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+0.5+1.1+1.5+1.5-5.2-6.6-2.0+3.0+3.0+2.7+0.5-1.6——
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AI summary
Rajshree Polypack has completed its investment of about Rs 2.03 crore in Jamnagar Renewables Two Private Limited, acquiring 20,25,210 equity shares which is a 0.7599% stake. The move is part of a group captive wind-solar hybrid power project to secure renewable energy for its operations. The deal is with Continuum Green Energy, the promoter of the power arm. This updates the term sheet disclosure made on December 18, 2025.
Likely market impact
Minor strategic investment for captive power compliance. Limited financial impact given the small stake size of under 1% in the power arm.