Nestle India Limited — JV/Acquisition, 27-08-2026: Acquisition
27-08-2026 | 11:04 pm
27-08-2026 | 11:04 pm
Nestlé India has acquired a 26% equity stake in Radiance KA Sunshine Seven Private Limited for ₹7.61 Cr. This strategic investment aims to establish a captive solar power plant, directly supplying renewable energy to one of Nestlé's manufacturing facilities. The move highlights Nestlé's strong commitment to boosting its renewable energy footprint and achieving key sustainability goals. Funded via internal accruals, this acquisition is a practical step towards greener operations and improved energy independence.
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