Jindal Stainless532508Stake acquisition deal
Jindal Stainless buys additional ~7% of Ampin C&I Three for ~₹5.08 crores, stake now 24.21%
By ScoutQuest · · 1 min read
24.21%Aggregate equity stake acquisition
- Additional equity stake
- additional ~7% equity stake
- Aggregate equity stake
- 24.21%
- Consideration
- ~₹5.08 crores for the balance tranche
- Target
- Ampin C&I Three Private Limited
- Transaction
- Acquisition of additional equity stake in a special purpose vehicle (Ampin C&I T
Jindal Stainless buys additional ~7% of Ampin C&I Three for ~₹5.08 crores, stake now 24.21%.
Incorporation of Ampin
Date of acquisition
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More numbers
- Cost of acquisition (cash)~₹5.08 crores
- Total committed investment~₹13.83 crores
- Additional equity stake acquired~7%
- Aggregate equity stake after acquisition24.21%
- Solar project capacity40 MW
- Expected annual production~61.73 million units
- Consideration~₹5.08 crores
Source: BSE · 28 Oct 2026
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