FilingReader Intelligence
Biocon acquires stake in solar power plant project
August 7, 2025 at 03:29 PM UTC•By FilingReader AI
Biocon Limited acquired a 26% stake in Pro-zeal Green Power Sixteen Private Limited for INR 1.40 crores through equity shares and convertible debentures.
The investment supports a 3 MW solar power plant in Telangana to enhance renewable power consumption. The acquisition is expected to conclude within five months.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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BSE:BIOCON•Bombay Stock Exchange
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