Standard Capital Markets Ltd Approves Investment in Sunbridge Solar Power Private Limited
Standard Capital Markets Limited has approved a strategic investment into Sunbridge Solar Power Private Limited through the subscription of Compulsorily Convertible Preference Shares (CCPS). This acquisition is intended to strengthen and diversify the Company's investment portfolio.The Board of Directors considered and sanctioned the investment, which falls under the category of a Cash Consideration transaction. The targeted company operates in the Renewable Energy / Solar Power sector.Details regarding the investment and the investee company are as follows:ParticularsDetailsTarget EntitySunbridge Solar Power Private Limited...