Syngene International acquires 12.44% stake in Ampin C&I Power for ₹2.52 crore
Syngene International invests ₹2.52 crore in Ampin C&I Power Twelve Private Limited. The deal secures a 12.44% undiluted stake, maintaining a minimum 7.93% fully diluted interest. Equity stake ensures captive power status under the Electricity Act for renewable procurement. Target entity Ampin has a net worth of ₹687.70 lakhs as on March 31, 2026. Allotment of shares is expected within 30 days via cash consideration.
*this image is generated using AI for illustrative purposes only.
Syngene International has entered into agreements to acquire an equity stake in Ampin C&I Power Twelve Private Limited, aiming to enhance its renewable power consumption.
The company will invest ₹2.52 crore to subscribe to 25,20,000 equity shares of the Delhi-based renewable energy generator at ₹10 per share. The transaction is structured as a cash consideration deal.
Deal Structure and Ownership
The investment secures Syngene an undiluted stake of 12.44% in Ampin C&I Power Twelve Private Limited. Under the terms of the Share Subscription and Shareholders Agreement, this holding will maintain a minimum of 7.93% on a fully diluted basis following proposed investments by other entities.
Allotment of the equity shares is expected to occur in one or more tranches within 30 days or by a mutually agreed date. No governmental or regulatory approvals are required for this acquisition.
| Metric | Details |
|---|---|
| Target Entity | Ampin C&I Power Twelve Private Limited |
| Investment Amount | ₹2.52 crore |
| Shares Acquired | 25,20,000 |
| Price Per Share | ₹10 |
| Undiluted Stake | 12.44% |
| Fully Diluted Minimum | 7.93% |
Strategic Rationale
Syngene stated that maintaining an equity stake in Ampin is necessary to preserve its captive status under the Electricity Act. This structure allows the company to procure green energy directly, supporting its decarbonization objectives while reducing long-term energy costs and its carbon footprint.
The acquisition does not constitute a related-party transaction, with no promoters or group companies holding any interest in the target entity.
What the Numbers Show
Ampin C&I Power Twelve Private Limited is a newly incorporated entity, established on April 23, 2025. As of March 31, 2026, it reported a net worth of ₹687.70 lakhs. The company recorded nil standalone turnover for FY26, with a minimal profit after tax of ₹0.31 lakhs, indicating it is in the early stages of commercial operations.
Historical Stock Returns for Syngene International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.14% | -0.72% | -3.56% | -10.83% | -40.32% | -34.61% |
How will Syngene's captive power status under the Electricity Act impact its long-term energy cost structure compared to grid procurement?
What is the expected timeline for Ampin C&I Power Twelve to achieve commercial operational status and begin generating revenue?
Will Syngene pursue similar equity stakes in other renewable energy entities to meet its broader decarbonization targets?
18
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
