The India Cements Limited — JV/Acquisition, 02-09-2026: Acquisition

India Cements will acquire a 26% stake in Amplus TN One Energy Private Limited for an equity investment of ~Rs. 14.06 Cr. This strategic move aims to secure green energy by establishing a 41.80 MW solar project integrated with battery storage. The acquisition will optimize energy costs and meet captive power consumption needs for India Cements' four cement manufacturing units, directly enhancing operational efficiency and sustainability efforts.