Aditya Birla Renewables to acquire 100% of Solenergi Power Private Limited
Grasim Industries · Cement & Cement Products
Key highlights
- Acquisition approved on July 13, 2026, involving 100% equity shares of SPPL from Shell Overseas Investment B.V.
- Enterprise value of INR 17,200 crore (~$1.8 billion) with cash consideration; subject to regulatory approvals by Dec 31, 2026
- SPPL, incorporated in Mauritius in September 2016, holds ~5.0 GWp renewable energy portfolio and reported consolidated turnover of INR 1,253.4 crore in FY 25
Why it's rated notable: not yet binding (letter of intent, proposal or subject to approvals)
Original filing
Acquisition Of Solenergi Power Private Limited By Aditya Birla Renewables Limited, A Subsidiary Of The Company
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Grasim Industries
- Acquisition / mergerNotableGrasim Industries' subsidiary Aditya Birla Renewables acquires Solenergi Power Pvt Ltd
- Capex / expansionNotableGrasim Industries commences commercial production at ECH Plant, Vilayat
- Acquisition / mergerMajor development· Adverse for the businessGrasim Industries updates on temporary idling of AV Group NB Inc. pulp facility
- Financial resultsNotableGrasim Industries Limited announces Q1 FY 2026-27 unaudited standalone and consolidated results
- Financial resultsNotableGrasim Industries Limited announces unaudited Q1 FY 2026 financial results and board updates
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Potential multibaggers · Q2 FY27
Potential multibaggers in Cement & Cement Products
on management's own guidance
- J K CementsGood growth2
- 1
- ACCGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.