Nitin Spinners acquires 85.6 lakh shares in CGE II Hybrid Energy
Nitin Spinners Ltd acquired 85,68,162 equity shares of CGE II Hybrid Energy Private Limited on August 19, 2026. The purchase brings its total stake to 2,57,04,545 shares, equating to a 7.36% holding in the renewable energy company. The disclosure was made under SEBI LODR Regulation 30.

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Nitin Spinners Ltd has expanded its investment footprint in the renewable energy sector by acquiring a significant block of equity shares in CGE II Hybrid Energy Private Limited. The transaction was executed on August 19, 2026, marking a continuation of the company’s strategic engagement with the target firm, as referenced in a prior communication dated March 27, 2026.
The textile manufacturer purchased 85,68,162 equity shares with a face value of Rs. 10 each. This latest acquisition increases Nitin Spinners’ total shareholding in CGE II Hybrid Energy to 2,57,04,545 equity shares.
Investment Stake Details
Following the transaction, Nitin Spinners holds a 7.36% stake in the paid-up share capital of CGE II Hybrid Energy Private Limited. The target company is engaged in the generation of renewable energy.
| Metric | Details |
|---|---|
| Shares Acquired | 85,68,162 |
| Face Value | Rs. 10 each |
| Total Holding | 2,57,04,545 shares |
| Stake Percentage | 7.36% |
Regulatory Disclosure
The company made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued on August 19, 2026, and signed by Sudhir Kumar Garg, Company Secretary & Vice President (Legal) at Nitin Spinners Ltd.
Historical Stock Returns for Nitin Spinners
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.85% | +3.44% | +6.16% | +72.14% | +74.12% | +171.29% |
What is the strategic rationale behind Nitin Spinners increasing its stake in CGE II Hybrid Energy, and does this signal a broader pivot towards renewable energy assets?
How might this 7.36% stake impact Nitin Spinners' financial performance and carbon footprint in the upcoming fiscal quarters?
Are there plans for Nitin Spinners to increase its holding beyond the current 7.36% stake, or is this intended as a purely financial investment?


































