GUVNL acquires 7.28% stake in Torrent Power
September 26, 2024
Gandhinagar: Gujarat government arm, Gujarat Urja Vikas Nigam Ltd. has acquired 7.28% stake in Torrent Power Ltd by having 3.5 crore shares via off-market deals on Sept. 25, Torrent said in an exchange filing on Thursday. The Gujarat government has an equity holding of 1.47% in Torrent Power, while the Gujarat State Financial Services Ltd. has 9.75%. Torrent Power supplies electricity Ahmedabad, Surat, Gandhinagar, Dahej SEZ , Dholera SIR and Union Territory of Dadra & Nagar Haveli, Daman and Diu.
Recent Stories
- Poster showing Swaminarayan disciples as reincarnations of Hindu gods stirs row in Rajkot
- Jamnagar village celebrates Anant Ambani’s birthday by feeding cows 21 maunds watermelon
- Bansal Wire Industries to invest ₹600 crore in greenfield project at Sanand, Gujarat
- GreenLine invests $275m in Green Logistics; Nikhil Kamath invests $20m
- Vantara announces launch of new website
- Lion census in Gujarat from May 10–13; AI to assist in process
- Survey begins for 6-lane expansion of Bilimora–Chikhli–Vansda–Vaghai Highway