CIE Automotive India Limited — JV/Acquisition, 19-01-2026: Acquisition

CIE Automotive India has finalized its total investment of ₹2.625 Cr in AMP Energy C&I Thirty Two Private Limited, securing a 40% equity stake. This strategic move aims to develop a 7.5 MWp captive solar power plant, directly supplying energy to CIE's Chakan factory. The primary rationale is to significantly optimize and reduce power costs for operations, enhancing efficiency and sustainability. This completion marks a clear step towards securing cost-efficient, green energy for key manufacturing facilities.