b&b triplewall containers approved the acquisition of a 1.30% equity stake in M/s. KRV Renewable Energies Private Limited for ₹32,500 on May 30, 2026. The decision, taken by the Board of Directors, supports a Power Purchase Agreement (PPA) intended to secure a stable and reliable solar power supply for the company's growing energy requirements. The acquisition aims to achieve cost savings compared to conventional grid power procurement.

The target entity, KRV Renewable Energies Private Limited, is a small company incorporated on June 2, 2025, engaged in solar power generation. The company has established solar projects to meet the captive power requirements of its equity shareholders. As a recently incorporated entity, KRV Renewable Energies Private Limited reported a turnover of zero for the past three financial years.

The acquisition is not a related party transaction, and the promoter or promoter group of B&B Triplewall Containers Limited holds no interest in the target entity. The consideration for the acquisition will be paid in cash. The transaction is expected to be completed within an indicative period of 60 days from the approval date.

Transaction Details

The following table outlines the key financial and structural details of the acquisition:

Strategic Rationale

The primary objective of the PPA and the subsequent equity acquisition is to secure power at a competitive tariff. B&B Triplewall Containers Limited intends to procure electricity for its business operations from KRV Renewable Energies Private Limited. Under the rules of Karnataka Power Transmission Corporation Limited (KPTCL), the company is required to contribute to the capital of the electricity generating company from which it procures power. This acquisition fulfills that regulatory requirement.

B&B Triplewall Containers Limited has submitted a declaration to the stock exchanges confirming that its promoters have not encumbered any shares during the financial year ended March 31, 2026. The disclosure was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ravi Agarwal, Promoter of b&b triplewall containers , provided the declaration on behalf of all promoters, the promoter group, and persons acting in concert. The statement explicitly confirms that no encumbrance was created over the shares, either directly or indirectly, throughout the financial year.

The disclosure was addressed to the Corporate Relations Department of BSE Limited and the National Stock Exchange of India Limited. The company operates under the BSE scrip code 543668 and the NSE scrip code BBTCL.

Key Disclosure Details

The letter was dispatched from Bangalore on April 04, 2026. Copies of the declaration have been forwarded to the Company Secretary and the Audit Committee of B&B Triplewall Containers Limited for their records.