Mumbai, Nov. 27 -- TVS Srichakra has acquired 5,915 equity shares of Rs 10 each, representing 5.92% of the equity share capital of Navia Two Power (Navia), for a total consideration of Rs. 59,150/- for purchase of

renewable energy under the Group Captive mode.

Navia is special-purpose vehicle for the purpose of owning and operating a Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws.

Published by HT Digital Content Services with permission from Capital Market....