TVS Srichakra has acquired a 5.92% stake in Navia Two Power Private Limited for Rs. 3.79 Cr. Navia operates as a special-purpose vehicle focused on solar power generation. This strategic investment enables TVS Srichakra to secure solar power under a Group Captive model, ensuring a stable and greener energy supply. The move helps meet regulatory requirements for captive power consumption and enhances operational efficiency, underscoring the company's commitment to sustainability and cost-effective energy sourcing.