Announced Wed, 8 Jul · 15:16 IST
Vardhman Special Steels invests further Rs 2.64 cr in Sone Solar
Business Updates View source PDF
VSSL · price
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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹272.65
prior close
₹269.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3-0.2——-1.0+1.6+8.2+8.4+8.3+9.6————
Up moveDown movePending
AI summary
Vardhman Special Steels has made an additional investment of Rs 2.64 crore in Sone Solar Private Limited, completing its third and final tranche payment. This brings total investment to Rs 15.10 crore, made via 0.5 percent compulsory convertible debentures. The company holds 26 percent equity in Sone Solar, which operates in the solar energy space.
Likely market impact
Minor additional investment in solar associate. No change in 26 percent shareholding. Shows continued commitment to clean energy diversification.