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GRP Ltd ( (IN:GRPLTD) ) has provided an update.
GRP Limited has increased its presence in renewable energy procurement by acquiring a significant minority stake in BECIS Solar 5 Private Limited, a company from which it sources solar power. In the first tranche of the transaction, GRP subscribed to and was allotted 351,351 fully paid-up equity shares in BECIS, representing 26% of its issued and paid-up share capital, signaling a deeper strategic alignment with solar power supply that could support long-term energy cost management and sustainability goals.
More about GRP Ltd
Average Trading Volume: 829
Technical Sentiment Signal: Hold
Current Market Cap: 9.38B INR
See more data about GRPLTD stock on TipRanks’ Stock Analysis page.