GRP Ltd Acquires 26% Stake in BECIS Solar 5 Pvt Ltd
Filing Summary
GRP Ltd has subscribed to 3,51,351 fully paid equity shares of BECIS Solar 5 Private Limited, representing 26% of its issued and paid-up share capital. The shares have a face value of Rs. 1 each, with a premium of Rs. 0.01, totaling Rs. 3,54,865. This transaction is part of the first tranche of GRP Ltd’s investment in BECIS for solar power procurement. The company previously communicated this investment plan in November 2025.
GRP Ltd has completed a significant transaction involving the subscription to 3,51,351 fully paid equity shares of BECIS Solar 5 Private Limited. This acquisition represents 26% of the issued and paid-up share capital of BECIS. The shares have a face value of Rs. 1 each, with an additional premium of Rs. 0.01 per share, aggregating to a total investment of Rs. 3,54,865.
This transaction marks the first tranche of GRP Ltd’s investment in BECIS, which is aimed at procuring solar power. The company had previously informed the exchanges about this investment plan on 13th and 14th November 2025.
BECIS Solar 5 Private Limited is involved in the solar energy sector, focusing on the development and management of solar power projects. The company aims to enhance renewable energy solutions and expand its solar power capabilities.
GRP Ltd is engaged in the business of manufacturing reclaimed rubber and other rubber products. The company focuses on sustainable practices and aims to expand its operations in the renewable energy sector. GRP Ltd continues to explore strategic investments to enhance its business portfolio and align with environmental sustainability goals.