TATAPOWER

**Capex, Acquisition & Corporate Update** **

:** Completed the acquisition of **100% stake in Ryapte Power Transmission**. Its subsidiary, Tata Power Renewables, also secured an **800 MW ISTS connectivity project** involving an investment of **₹5,750 crore**. **Impact:** **Positive;** strengthens its renewable energy and transmission infrastructure portfolio. ** :** Approved a **4.8 MTPA** capacity expansion at **NINL** with a capex of **₹33,873 crore**. **Impact:** **Positive;** the expansion is expected to enhance production capacity and support long-term growth. ** :** Approved a **₹150 crore corporate guarantee** for wholly owned subsidiary **Bharat Serums and Vaccines** to support its credit facilities. **Impact:** **Neutral to Positive;** improves the subsidiary's financial flexibility and supports future expansion.