Shubhshree Biofuels Energy Limited — JV/Acquisition, 21-06-2025: Acquisition

Shubhshree Biofuels Energy Limited has announced a board meeting on its plan to acquire a 42.5% stake in the yet-to-be incorporated Agrizen Bioenergy LLP by investing Rs. 42,500 in cash. Agrizen will focus on manufacturing biomass pellets and briquettes, aligning with Shubhshree’s existing business. This move aims to expand operations and boost profitability, with Shubhshree acting as the technology partner. The acquisition strengthens Shubhshree’s product portfolio in biofuels through backward integration into biomass-based energy solutions.