Torrent Power has acquired Newzone India and Newzone Power Projects for ₹211 crore, gaining control of 922 acres in Madhya Pradesh earmarked for a thermal power project. While both companies have reported no recent turnover, this acquisition expands Torrent Power's land holdings for potential power generation. The company's Q1 results showed a decline, with net profit falling 24.
Finance
September 24, 2025
Torrent Power shares in focus after buying Newzone firms for Rs 211 crore
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