Torrent Pharmaceuticals (TORNTPHARM) — Announcement

Torrent Pharmaceuticals acquired a 26% equity stake in Torrent Urja 27 Private Limited for ₹7.92 crores on September 10, 2025. Torrent Urja is a special purpose vehicle developing a captive hybrid (solar + wind) power project in Gujarat. The investment aims to increase renewable energy usage in Torrent's operations and ensure compliance with Indian electricity regulations. Completion is targeted within 18-20 months. This is a related-party transaction executed at arm's length.

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About Torrent Pharmaceuticals Limited (TORNTPHARM)

Healthcare · Pharmaceuticals & Biotechnology · Listed on NSE

Market Cap: ₹1,49,108.91 Cr P/E: 80.1

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