B&B Triplewall Containers Limited — JV/Acquisition, 30-08-2025: Acquisition
30-08-2025 | 06:14 pm
30-08-2025 | 06:14 pm
B&B Triplewall Containers has acquired 6.50% equity stakes in two solar energy firms: M/s. Manobaala Energy Private Limited and M/s. Natesan Energy Farm Private Limited. These deals are valued at approximately Rs 0.18 Cr and Rs 0.17 Cr respectively, totaling about Rs 0.35 Cr. This strategic move aims to establish captive solar power generation, ensuring a stable and reliable energy supply for the company's operations. The primary goal is to significantly reduce power costs compared to the Tamil Nadu Electricity Board, boosting operational efficiency and margins.
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