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Torrent Power Limited has announced a board meeting to discuss the sale of equity shares of several subsidiaries to its wholly owned subsidiary, Torrent Green Energy Private Limited. The transaction is valued at ₹467.41 Crore and is expected to be completed by March 31, 2025. These subsidiaries contributed approximately 0.64% to the company’s consolidated revenue of ₹27,183.21 Crore and 3.95% to its consolidated net worth of ₹12,597.50 Crore in the last financial year. This related party transaction, conducted at arm’s length, may be viewed positively by investors as it strengthens the company's focus on its renewable energy segment while ensuring liquidity.