Torrent Pharmaceuticals Ltd increases its investment in Torrent Urja 27 Private Limited from ₹7.91 crore to about ₹11.87–₹11.88 crore, aiming to acquire a 26% stake. The company amends its share subscription and shareholders’ agreement dated 28 September 2026, and the deal involves purchase of Class A equity shares with cash consideration.
Torrent Urja is described as a special purpose vehicle set up to develop a captive hybrid power project (solar and wind) in Gujarat. Both outlets link the additional funding to changes in the project’s capacity and to meeting regulatory and operational requirements for captive users under Indian electricity laws. One report specifies that Torrent Urja is a wholly owned subsidiary within Torrent Green Energy Private Limited, and notes that the entity is newly incorporated and has not yet started business operations, with no turnover reported as of 31 March 2026. The company expects the acquisition to be completed within roughly 18 to 21 months. While the headlines focus on the higher investment amount and stake size, the underlying filings emphasize capacity expansion and compliance rationale for the investment change.
