Sundaram Clayton Limited — JV/Acquisition, 21-03-2026: Acquisition

Sundaram-Clayton has invested an additional Rs 7.45 Cr in Navia Two Power Private Limited, a special purpose vehicle in the renewable energy sector. The company acquired 6.54% equity, increasing its total stake in Navia to 18.17%. This strategic move is aimed at fulfilling regulatory requirements for captive power consumption under Indian electricity laws. By investing in Navia, which operates a captive power plant, Sundaram-Clayton is securing its energy needs and strengthening its operational compliance. This enhances long-term energy stability.