Kalyani Steels Acquires Stake in Clean Renewable Energy
Filing Summary
Kalyani Steels Limited has completed the acquisition of equity shares in Clean Renewable Energy KK 1A Private Limited. The transaction involved the purchase of 1,857,223 equity shares, each valued at Rs.10 with an additional premium of Rs.17.94 per share. This acquisition represents 8.64% of the paid-up equity capital of Clean Renewable. The acquisition aligns with the company’s strategic initiatives as per Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. The update follows an earlier announcement made on December 25, 2025.
Kalyani Steels Limited has announced the completion of its acquisition of equity shares in Clean Renewable Energy KK 1A Private Limited. This update follows the company’s earlier communication dated December 25, 2025.
The transaction involved the acquisition of 1,857,223 equity shares, each with a face value of Rs.10. An additional premium of Rs.17.94 was paid per share. The acquired shares represent 8.64% of the paid-up equity capital of Clean Renewable.
This acquisition is conducted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has adhered to the necessary regulatory requirements in completing this transaction.
Kalyani Steels Limited is engaged in the manufacturing of steel products. The company focuses on expanding its business operations and enhancing its market presence through strategic acquisitions and partnerships. It aims to strengthen its position in the steel industry by leveraging its expertise and resources.