Bharat Gears Invests Rs 1.27 Crore in Hexa Energy for Captive Solar Power Procurement
Bharat Gears Limited has acquired a significant stake in Hexa Energy HR5 Private Limited, committing an investment of Rs 1,27,39,980/- to secure specialized solar power capabilities for its operational units.The acquisition saw Bharat Gears invest in 13,134 Equity Shares of Hexa Energy HR5 Private Limited. The purchase was made at an issue price of Rs 970/- per share, and the total investment amounted to Rs 1,27,39,980/- (Rupees One Crore Twenty Seven Lakhs Thirty Nine Thousand Nine Hundred Eighty only). This transaction grants Bharat Gears a 29.55% stake in the paid-up share capital of Hexa Energy HR5 Private Limited.
The investment is aligned with the procurement of solar power for the Faridabad and Mumbra Units of Bharat Gears, serving as a captive user under the terms of a Power Purchase Agreement dated November 20, 2025. This initiative aims to curtail energy costs associated with both units.
Hexa Energy HR5 Private Limited is engaged in generating, producing, and transmitting electricity through renewable sources in India. The company was newly incorporated on December 24, 2024.
Transaction Details and Corporate Snapshot
The transaction details and background of the acquired entity are summarized below:| Metric | Detail |
|---|---|
| Target Entity | Hexa Energy HR5 Private Limited (Newly Incorporated) |
| Industry | Generating electricity through renewable sources in India |
| Investment Cost | Rs 1,27,39,980/- |
| Shares Acquired | 13,134 Equity Shares |
| Acquired Stake | 29.55% of Paid-Up equity share capital |
| Purpose | Procurement of Solar Power for Faridabad and Mumbra Units to curtail power costs |
The financial data regarding Hexa Energy HR5 Private Limited shows that its Revenue from Operations reported 'Nil' across the last three years (2024, 2025, and 2026).
BHARATGEAR Stock Price Movement
Shares of Bharat Gears Limited slipped today, settling at ₹113.56 after shedding 0.32% in post-market trading. The stock traded within a confined intraday range, touching lows near ₹112.6 and reaching a high of ₹116.82.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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