BSE NSE
Your Result on : Company News Details
Aarti Industries Ltd Industry :  Chemicals
BSE Code
524208
ISIN Demat
INE769A01020
Book Value (Rs)
150.343645
NSE Symbol
AARTIIND
Divident Yield %
0.23
Market Cap
(Rs In Cr.)
15,461
P/E (TTM)
41.57
EPS (TTM)
10.26
Face Value
(Rs)
5
Back
Aarti Industries acquires 49% stake in 16.50 MW renewable energy project SPV
30-Jan-25   Hrs IST

Aarti Industries has entered into a “Share Purchase Agreement” with ‘Clean Max Enviro Energy Solutions' and ‘Clean Max Indus'. This transaction entails acquisition of 49% Equity Shares / Voting Rights by the Company in ‘Clean Max Indus' - a SPV formed to set up a 16.50 MW Wind - Solar hybrid power project to cater the Company's power requirement.

This is in line with the Company's commitment towards procuring power through renewable resources. The delivery of renewable power is expected to start by / before H1/FY26-27. This will support the Company in reducing its power costs.

Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
Ganesh S Shanbhag – AMFI Registered Mutual Fund Distributor. Registration Number – ARN-0988 – Valid Till 01/JUL/ 2027, Date of initial registration: 02/DEC/2004
2017-18 © SMS Financial Services. All rights reserved. Designed, developed & powered by C-MOTS Infotech (ISO 9001:2015 certified)