Reliance New Energy buys stakes in solar wafer maker NexWafe for $8,06,635

Reliance New Energy buys stakes in solar wafer maker NexWafe for $8,06,635

It has purchased 7,433 Common shares; 1,518 Series B1 Preferred shares; and 660 Series B2 shares.

FPJ Web DeskUpdated: Tuesday, February 21, 2023, 09:49 PM IST
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According to a regulatory filing, Mukesh Ambani-led Reliance Industries' New Energy arm has purchased 7,433 Common shares; 1,518 Series B1 Preferred shares; and 660 Series B2 shares of German solar wafer firm NexWafe.

The purchase was conducted by the firm for a consideration of $8,06,635, and without any interest of the company's promoter.

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