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AUROBINDO PHARMA LTD. - Announcement under Regulation 30 (LODR)-Acquisition
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23 Feb 2021
We would like to inform that the Company has entered into binding agreements to invest Rs.5.382 Crores each in NVNR (Ramannapet I) Power Plant Private Limited and NVNR (Ramannapet II) Power Plant Private Limited, Hyderabad based solar power generating companies, aggregating to Rs. 10.764 Crores (Rupees ten crores seventy six lakhs forty thousand) by subscribing to additional equity shares and/or other securities of the said solar power generating companies to avail the benefit of captive consumption of Solar Power. &lt;BR&gt; &lt;BR&gt; After making the said investments, the Company will be holding 26% of the share capital in each of the aforesaid solar power generating companies. &lt;BR&gt; &lt;BR&gt; The disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Part A of Schedule III of the aforesaid regulations, is enclosed as &apos;Annexure I&apos;.&lt;BR&gt;
View all announcements for AUROBINDO PHARMA LTD. Source: BSE India

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