CIE Automotive India (CIEINDIA) — Announcement

CIE Automotive India announced the sale of its 27.89% stake in Ojaha Renewables Private Limited to CSE Development (India) Private Limited for Rs. 1.62 crore, finalizing the transaction on 25 June 2026. This divestment removes ORPL from the company's associate status and concludes a green energy investment cycle.

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About CIE Automotive India Limited (CIEINDIA)

Capital Goods · Castings, Forgings & Fastners · Listed on NSE

Market Cap: ₹14,853.93 Cr P/E: 16.4 ROE: 12.1% ROCE: 15.4% Div Yield: 1.79%

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