Tata Comm acquires stake in Clean Max SPV
Mumbai, May 9 -- Tata Communications has entered into a share purchase agreement with Clean Max Enviro Energy Solutions and its wholly owned subsidiary, Clean Max Yuhdul (SPV) to acquire 2,600 shares representing 26% stake in the SPV for an aggregate consideration of Rs 26,000/-.
The objective of the transaction is to support the Company's
sustainability goals by advancing its long-term carbon neutrality and net
zero targets, while improving energy cost efficiency through increased
use of renewable energy.
The transaction is intended to enhance the Company's renewable energy
footprint at its offices in Karnataka through captive power consumption.
Published by HT Digital Content Services with permission from Capital Market....
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.