Rajratan Global Wire Limited has announced that it has executed a Shareholders’ Agreement with Lilac Ecoenergy Private Limited for captive power generation, according to its exchange filing dated November 27, 2025. The company stated that this investment is aimed at securing captive solar and wind power in line with regulatory requirements.
As per the filing submitted to BSE and NSE, Rajratan Global will invest Rs 1.44 crore in the paid-up share capital of Lilac Ecoenergy Private Limited. The company noted that this agreement follows its earlier intimation dated October 30, 2025. The consideration will be paid in cash in one or more tranches.
Lilac Ecoenergy, incorporated on February 17, 2021, is engaged in renewable energy generation through the captive power model. Its upcoming project is expected to begin operations in January 2026, exclusively supplying power within India.
Rajratan Global clarified that this transaction does not fall under related-party dealings, and the promoters or promoter group do not hold any interest in the target entity. The acquisition pertains to the solar and wind power generation sector and is expected to conclude before March 2026.
The company will acquire Class A equity shares worth Rs 1.44 crore, representing 9.43% of Class A equity and 3.18% of the total paid-up capital of Lilac Ecoenergy. The agreement also includes a Power Supply Agreement in compliance with Indian Electricity laws for captive consumption.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
