Cosmo First Limited is acquiring up to a 26% stake in Hexa Sunshine Private Limited, a Special Purpose Vehicle, for up to Rs 7 Cr.

This strategic investment aims to secure hybrid renewable power for Cosmo First's manufacturing plants in Gujarat.

By participating in this SPV, the company ensures a stable, sustainable energy supply on a group captive consumer basis.

This move enhances operational efficiency, contributes to green energy goals, and reflects a clear strategy towards backward integration and cost optimization in energy sourcing.