Suzlon to acquire 76% stake in Renom Energy Services in two phases at Rs.660 Cr

Suzlon to acquire 76% stake in Renom Energy Services

Suzlon Group has announced its decision to acquire a 76% stake in Renom Energy Services Private Limited. This acquisition will be carried out in two tranches. Suzlon will initially acquire a 51% stake in Renom for a consideration of ₹400 crores. While the acquisition of an additional 25% stake will be within 18 months of Read more: Suzlon to acquire 76% stake in Renom Energy Services in two phases at Rs.660 Cr..