Jindal Stainless Ltd acquires an additional ~7% stake in Ampin C&I Three for ₹5.08 crore, raising its holding to 24.21%.
- The investment completes Jindal Stainless’ committed investment of approximately ₹13.83 crore.
- Ampin is developing a 40 MW solar group captive project expected to generate approximately 61.73 million units annually for the company’s captive consumption.
- Ampin is not a related party; no regulatory approval was required.