Announced Mon, 25 May · 15:17 IST

The company has today ,as a part of first tranches of the transaction, subscribed to and has been allotted 6,039 fully paid-up equity shares which is 26.21% of presently issued and Paid-up ....

Listed Co AcquisitionStrategic Transactions View source PDF

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₹134.30
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AI summary

Shree Krishna Paper Mills subscribed to 6,039 fully paid-up equity shares of Ratan Green Projects One Private Limited (RGPOPL) as part of the first tranche of the transaction, investing Rs. 93,00,060 (approximately Rs. 9.3 crore) at a face value of Rs. 10 per share with a premium of Rs. 1,530. The company now holds 26.21% of the presently issued and paid-up share capital of RGPOPL. The stated purpose of this investment is for procurement of Solar Power. This is a follow-up to previous intimations filed on April 15, 2026 and April 27, 2026, with detailed disclosure already submitted under Regulation 30 of SEBI LODR Regulations.

Likely market impact

This strategic investment in a solar power company aligns with likely ESG/renewable energy objectives. A 26.21% stake gives the company significant influence over RGPOPL and could support its power procurement costs going forward.