Samvardhana Motherson Acquires 28.15% Stake in HR Dhauliganga
MOTHERSON has announced it will purchase 28.15% equity in HR Dhauliganga Pvt Ltd (HRDPL), a special-purpose vehicle promoted by Hinduja Renewables Energy Pvt Ltd.
The total acquisition value is ₹14.13 crore and will be conducted in tranches.
The entity has an adverse net worth of (₹4.9 lakhs) as of the reporting date, reflecting the early incorporation stage. The investment is not a related-party transaction and is being conducted on an arm’s length basis.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
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