JK Tyre & Industries is acquiring a 26% equity stake in FPEL Burning Bright Pvt Ltd for ₹1.53 Cr.

FPEL, a Special Purpose Vehicle incorporated in May 2025, focuses on solar power generation.

This strategic investment enables JK Tyre to meet its captive power consumption needs and comply with Indian electricity regulations, securing energy supply.

It represents a step towards backward integration for sustainable energy sourcing, enhancing operational efficiency and long-term resilience.