SJS Enterprises acquires stake in Karnataka wind power firm
SJS Enterprises Limited has acquired a 2.08 percent equity stake in DB Renews Private Limited (DRPL), a wind power generation company based in Karnataka, for a total consideration of Rs 72 lakh. The investment will enable SJS Enterprises to become a captive consumer of the wind power generated by the company. According to a regulatory filing, SJS Enterprises has purchased 28,800 equity shares of DRPL with a face value of Rs 250 each. The shares…