Sangam India514234Stake acquisition deal
Sangam India buys 0.97% of CGE II Hybrid Energy for Rs. 4,76,01,010 in cash for 5 MW captive renewable power
0.97%Equity stake acquired ( -allotment
- Shares Acquired
- 47,60,101 equity shares
- Stake Acquired
- approximately 0.97% equity stake (post-allotment)
- Consideration
- Rs. 4,76,01,010
- Consideration Mode
- Cash consideration — payment made through online banking
- Captive Renewable Power
- up to 5 MW
Sangam India buys 0.97% of CGE II Hybrid Energy for Rs. 4,76,01,010 in cash for 5 MW captive renewable power.
Incorporation of target company
Completion of acquisition
Also from Sangam India
Fire at Spinning Division; estimated loss/damage about Rs. 4 Crores, insurance claim initiated
1 Oct 2026
More numbers
- Authorised share capital of targetRs. 550 Crore
- Paid-up share capital of target (post-allotment)Rs. 492.42 Crore
- Turnover of target FY2025-2665.569 Crore
- Equity shares acquired47,60,101
- Face value per share₹10/-
- Total cost of acquisitionRs. 4,76,01,010
- Equity stake acquired (post-allotment)0.97%
- Captive renewable power consumption5 MW
- ConsiderationRs. 4,76,01,010
Source: BSE · 5 Oct 2026
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