Another highlight for the quarter was the reduction in net debt, with the total figure now reduced to Rs116 crore, compared to Rs1,966 crore at the end of financial year 2023. Reliance New Energy Ltd. owns a 32.54% stake in Sterling & Wilson, based on the company s shareholding pattern disclosed to the exchanges as of March 31, 2024.
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Reliance New Energy Ltd, a unit of billionaire Mukesh Ambani-led Reliance Industries Ltd, has topped up its investment in German climate technology company NexWafe GmbH.
NexWafe ..
New Delhi, Sept 23: Reliance Industries Ltd on Friday said it has acquired a 20 per cent stake in California-based solar tech firm Caelux for USD 12 million as it strengthens its new energy manufacturing capabilities. Reliance New Energy Ltd, a wholly-owned subsidiary of the firm, signed definitive agreements to invest in Caelux Corporation, a Pasadena, California-headquartered company engaged in the development of perovskite-based solar technology, it said in a statement. The partnership is expected to help Reliance produce higher […]