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Mahindra & Mahindra is investing **37.14 Cr** to acquire a **26% direct stake** in **Gelos Solren Private Limited**. Gelos, already a step-down subsidiary, is developing a **150+ MW hybrid (wind+solar) captive power plant** in Maharashtra. This strategic move ensures M&M's compliance with Electricity Rules 2005 for captive users and secures **renewable energy supply** for its operations. The investment underscores M&M's commitment to sustainable energy and operational efficiency, integrating green power directly into its supply chain. Gelos currently has no revenue.