SJS Enterprises Acquires 2.08% Stake in DB Renews for ₹72 Lakhs
S.J.S. Enterprises Limited has acquired 28,800 equity shares in DB Renews Private Limited for ₹72 Lakhs. This acquisition brings their total shareholding in DB Renews to 2.08% of its equity share capital.
The acquisition represents a strategic investment, increasing the company's stake in a renewable energy venture, which could have a medium-term impact on its business diversification and energy supply chain.
The acquisition of shares and completion of the transaction is a positive development for the company.
S.J.S. Enterprises Limited has completed the acquisition of 28,800 equity shares of M/s. DB Renews Private Limited, with a face value of ₹250 each, for a total consideration of ₹72,00,000 (Seventy-Two Lakhs Only).
This subscription represents a 2.08% shareholding in DB Renews Private Limited. The company had previously entered into a Share Purchase, Shareholders’ Agreement, and Energy Purchase Agreement with M/s. Doddanavar Global Energy Private Limited and M/s. DB Renews Private Limited on February 27, 2026, for the supply of up to 36,00,000 units of wind power annually.
The details of this acquisition were previously disclosed on February 27, 2026, as per SEBI regulations.
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S.J.S. Enterprises Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by S.J.S. Enterprises Limited. Read the original for the full detail.