28-Nov-2025      12:16

Sundaram Clayton acquires minor stake in power generating SPV

Sundaram Clayton has acquired 1.63% of the equity share capital of Navia Two Power (Navia) for a total consideration of Rs. 1,16,280/-. Navia is special-purpose vehicle for the purpose of owning and operating a Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws.

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