B&B Triplewall Acquires 1.30% Stake in KRV Renewable

B&B Triplewall Containers board approved acquiring a 1.30% equity stake in KRV Renewable Energies.
The acquisition is a prerequisite under KPTCL rules for a Power Purchase Agreement to secure solar power.
The target company is a newly incorporated solar power generator with zero turnover to date.
The transaction is expected to be completed within 60 days and is not a related party transaction.