Jubilant Pharmova Limited — Important, 22-07-2025: General Updates

Jubilant Pharmova will directly invest ~Rs. 3.09 Cr for up to a 14.53% stake in Isharays Energy, shifting this investment from its subsidiary. This move secures captive renewable power (up to 5.89 MWAC) for the Greater Noida facility, optimizing energy costs and reducing carbon footprint. Isharays Energy, a renewable energy generator, reported a turnover of Rs. 7.36 Cr for FY25. This strategic investment supports the company's green energy initiatives across Indian facilities.