US EditionA 600-Crore Deal: Havells Taking Stake in Goldi Solar
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A 600-Crore Deal: Havells Taking Stake in Goldi Solar
Havells India Limited has signed a binding term sheet to invest ₹600 crore in Goldi Solar Private Limited in one of the largest strategic deals in India’s solar sector this year. The transaction, approved by Havells’ Executive Committee, is part of Goldi’s ongoing fundraising round of ₹1,050 to ₹1,300 crore and is expected to conclude within the next 75 days. The investment will give Havells an 8.90% to 9.24% stake in Goldi, depending on the fin…
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