Borosil Renewables promoters consider stake sale talks
pre-market1 source ↓written by the desknot a recommendation
- all of their
- 59% stake
Borosil Renewables Ltd is in preliminary discussions for a strategic investment, with promoters potentially divesting part or all of their 59% stake. The Kheruka family is evaluating proposals, though no transaction is guaranteed. The potential deal may value the company below its current market capitalization, influenced by ongoing anti-dumping duties on solar glass imports from China and Vietnam. ⚡
Not investment advice. For informational purposes only.