ALPHA TRIBE

COSMO FIRST LIMITEDJV/Acquisition, 16-02-2026: Acquisition

16-02-2026 | 12:07 pm

Cosmo First Limited is acquiring up to a 26% stake in Hexa Sunshine Private Limited, a Special Purpose Vehicle, for up to Rs 7 Cr. This strategic investment aims to secure hybrid renewable power for Cosmo First's manufacturing plants in Gujarat. By participating in this SPV, the company ensures a stable, sustainable energy supply on a group captive consumer basis. This move enhances operational efficiency, contributes to green energy goals, and reflects a clear strategy towards backward integration and cost optimization in energy sourcing.

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