E-MAIL FOR SPONSORSHIP

Mahindra Renewables to Sell Three Subsidiaries to CLP India for ₹3.4 Billion

The expected date for the completion of the sale is May 31, 2020

February 24, 2020

/ Anjana Parikh
/ Finance and M&A, Solar,
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Mahindra & Mahindra Limited announced that its subsidiary, Mahindra Renewables Private Limited (MRPL), has agreed to sell its entire stake in three subsidiaries to CLP India Private Limited (CLP) for ~₹3.40 billion ($47.35 million).

Continue Reading with Premium Access

Get unlimited access to in-depth analysis, exclusive interviews, and comprehensive coverage of India's renewable energy sector.

✓Unlimited article access
✓Exclusive market insights
✓Premium research reports
✓Ad-free reading experience
Loading subscription plans...

Already a subscriber? Sign In

thumbnail

Anjana Parikh

More articles from Anjana Parikh.
CLP India Private LimitedEquity SharesMahindra RenewablesNational Stock ExchangeStakesubsidiariesturnover
PREVALL POSTSNEXT

Comments

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS