Corporate Announcement
Security Code : 513349    Company : AJMERA    
 
Acquisition of 100% stake in Ajmera Biofuel Ltd ("ABL") 
  Exchange Disseminated Time     
Ajmera Realty & Infra India Ltd has informed BSE that the Company has acquired 100% stake in Ajmera Biofuel Ltd ("ABL") subject to such approvals, consent, sanctions and permissions as may be required.

Further, ABL has entered into a Joint venture with "Comet Power Private Limited, (JVC)", an associate Company of Videocon Group, wherein "ABL" shall hold 49% stake and rest 51% shall vests with Videocon Group. The said JVC has commenced operation for 5.75 MW solar power project at Rajasthan.
 

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