Transaction Details

  • Acquisition: 1.39% stake in Jamnagar Renewables Two Private Limited
  • Shares Acquired: 3,741,500 equity shares
  • Face Value: ₹10 per share
  • Issue Price: ₹10 per equity share
  • Total Acquisition Cost: ₹3.74 crores

Target Company Information

Jamnagar Renewables Two Private Limited

  • Business: Generation of electricity from renewable energy sources
  • Industry: Power Sector – Renewable Energy
  • Incorporation Date: May 14, 2024
  • Current Paid-up Capital: ₹80.10 crores (as of disclosure date)
  • Turnover: ₹31.79 crores for FY 2025-26; Nil for two years prior
  • Corporate Structure: Subsidiary of Continuum Green Energy Limited

Transaction Purpose

The acquisition is for "Procurement of Renewable Power under Captive generation scheme" as per Power Consumption Agreement entered with them.

Regulatory Compliance Aspects

  • Related Party Transaction: No
  • Government/Regulatory Approvals Required: Not applicable
  • Arm's Length Transaction: Confirmed as not a related party transaction

Document Metadata

  • Disclosure Date: July 10, 2026
  • Reference: BBY/CS/001/14/26
  • SEBI Circular Reference: SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
  • Filing Entity: The BSE Limited, Department of Corporate Services

Financial Impact

The transaction involves a cash outflow of ₹3.74 crores from Haldyn Heinz Fine Glass Private Limited for acquiring 1.39% equity stake. The impact on Haldyn Glass Limited's financials is indirect through its associate company.