Corporate News     27-Apr-23
Mahindra CIE Automotive invests further Rs 92.4 lakh in Strongsun
Mahindra CIE Automotive has invested Rs 92.4 lakh towards subscription of additional 1,15,500 equity shares of Rs 10 each of Strongsun Solar (Strongsun). The aggregate shareholding of the Company in Strongsun post this acquisition will constitute 27.35% of the post-issue paid-up capital of Strongsun.

The company has invested in Strongsun to optimize the power cost and increase the consumption of green energy at various power intensive plants of the Company.

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