Waaree Energies' subsidiary, Solaris Horizon Energy, will issue a 26% stake to Ultratech Cement for ₹27.76 crore. This partnership secures a long-term energy supply agreement.
Waaree Energies Seals Strategic Partnership with Ultratech Cement
Ultratech Cement to acquire 26% stake in Waaree subsidiary for ₹27.76 crore.
Reader Takeaway: Strategic partnership for captive power; ₹27.76 crore stake sale.