Torrent Power Acquires 100% Equity in Torrent Urja 47 Private Limited
Torrent Power Limited announced the acquisition of 100% of the equity shares of Torrent Urja 47 Private Limited from Torrent Green Energy Private Limited, a wholly-owned subsidiary of Torrent Power, on March 27, 2026. The total consideration for the acquisition was ₹5,00,000, involving 50,000 equity shares at a face value of ₹10 each. The transaction occurred at 6:42 pm on the acquisition date.Torrent Urja 47 Private Limited, incorporated in India on March 19, 2025, has an authorized share capital of ₹5,00,000 and a paid-up share capital of ₹5,00,000, with a turnover of Nil.
The acquisition qualifies as a related party transaction and was completed at arm's length. Torrent Power is exploring opportunities to acquire thermal power plants and establish a separate thermal business vertical.
The acquisition does not require governmental or regulatory approvals. The consideration was paid in cash.
| Particulars | Details |
|---|---|
| Authorized Share Capital of TU47 | ₹ 5,00,000/ - |
| Paid-up Share Capital of TU47 | ₹ 5,00,000/ - |
| Turnover of TU47 | Nil |
| Cost of Acquisition | ₹ 5,00,000/- (50,000 Equity Shares of ₹ 10/- each) |
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