JV/AcquisitionAcquisition
Torrent Pharma is powering up its green initiatives!
Torrent Pharmaceuticals LimitedTORNTPHARM · Filed with the exchange
The company is acquiring a 26% stake in Torrent Urja 27 Private Limited for ~7.92 Cr cash.
This strategic move aims to develop a captive hybrid (solar + wind) power project in Gujarat.
The investment will significantly boost Torrent Pharma's renewable energy sources for its operations and ensure compliance with captive power user requirements.
A smart step towards sustainable operations and energy independence.
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