New Delhi, Oct 27: Reliance Group firm Reliance New Energy Solar has offered Rs 375 per share to acquire 4.91 crore shares of Sterling and Wilson Solar for over Rs 1,840 crore. The 4.91 crore shares constitute 25.9 per cent equity stake or the entire public holding in Sterling and Wilson Solar Ltd, Sterling and Wilson Solar said in a regulatory filing. Apart from Reliance New Energy Solar Ltd (RNESL), the other Reliance Group firms which would be persons acting […]
NexWafe announced that Reliance New Energy Solar Ltd (RNESL) has joined the company as a strategic lead investor with a EUR 25 million investment in phase one.
Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Tuesday its solar unit Reliance New Energy Solar Ltd will buy preferred shares of German firm NexWafe worth 25 million euros .. | October 13, 2021
MUMBAI: Mukesh Ambani’s (pic) Reliance Industries Ltd acquired a Norwegian solar panel maker and an Indian builder of renewable projects in a bid by the oil-to-retail conglomerate to extend its dominance into alternative energy.