Sundaram Clayton Limited — JV/Acquisition, 28-11-2025: Acquisition
28-11-2025 | 11:47 am
28-11-2025 | 11:47 am
Sundaram-Clayton has acquired an 11.63% stake in Navia Two Power Private Limited (Navia) for a modest ₹0.0116 Cr. Navia is a Special Purpose Vehicle in renewable energy. This strategic acquisition is aimed at establishing a captive power plant, crucial for meeting electricity consumption requirements and ensuring regulatory compliance. The move secures Sundaram-Clayton's power supply and aligns with sustainable operational practices, with a minimal financial impact. #CorporateAction #SustainableEnergy
No comments yet. Be the first to comment!
