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Grasim Indus Board approves acquisition of minor stake in renewable energy entity

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At meeting held on 09 August 2024

The Board of Grasim Industries at its meeting held on 09 August 2024 has approved the acquisition of 26% equity stake in AMPIN Energy C&I Three and AMPIN Energy C&I One, a Special Purpose Vehicles (SPVs) for the purpose of generation and transmission of renewable energy to Chamarajanagar, Karnataka and Cheyyar, Tamil Nadu, Company's Paint plants respectively.

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First Published: Aug 09 2024 | 5:13 PM IST

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