Khaitan Chemicals & Fertilizers Limited — JV/Acquisition, 23-07-2025: Acquisition

Khaitan Chemicals & Fertilizers (KCFL) has acquired a 26% stake in KRSKA Solar Pvt Ltd for approx. **₹0.38 Cr**. This strategic move enables KCFL to secure renewable power for its manufacturing operations through a group captive mechanism. The acquisition is set to reduce dependency on grid power, optimize energy costs, and significantly lower KCFL's carbon footprint. By consuming 85% of the solar plant's generated power, KCFL aims for long-term operational efficiency and sustainability, aligning with its ESG goals. This is a clear step towards greening its energy mix.