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India Cements to Acquire Stake in Renewable Energy Firm

India Cements said it entered into an energy supply and share subscription agreement to acquire an equity stake in Zenataris Renewable Energy Private Ltd for captive power needs.

INDIACEM

India Cements said on Thursday it had signed an energy supply and share subscription agreement to acquire a 3.62 per cent equity stake in Zenataris Renewable Energy Private Ltd, which generates and transmits renewable energy. The company said the acquisition is for the purposes…