CIE Automotive India Limited has completed its strategic investment in renewable energy company AMP Energy C&I Thirty Two Private Limited, marking a significant milestone in the automotive manufacturer's sustainability initiatives. The company finalized the second and final tranche of investment on January 14, 2026, bringing its total commitment to ₹2.63 crores.

Investment Structure and Timeline

The investment was executed in two tranches as part of a Share Subscription and Shareholders Agreement (SSSHA). CIE Automotive acquired 13,12,500 equity shares of ₹10.00 each in the second tranche for ₹1,31,25,000.00, following the first tranche completed on December 2, 2025.

Strategic Rationale and Captive Power Generation

The investment enables CIE Automotive to establish captive solar power generation for its manufacturing operations. AMP Energy will set up a captive generating plant with gross capacity of approximately 7.5 MWp (5 MWac) to supply solar power directly to CIE's facility.

This investment allows CIE Automotive to qualify as a captive consumer under regulatory requirements, which mandate at least 26% ownership in power generating plants. The arrangement is designed to optimize power costs at the company's forging facility in Chakan, Pune.

About AMP Energy C&I Thirty Two Private Limited

AMP Energy C&I Thirty Two Private Limited was incorporated on December 1, 2023, as a special purpose vehicle by AMPIN C&I Private Limited. The company operates in the renewable energy sector, focusing on developing and operating renewable energy projects across India.

The entity has not yet commenced commercial operations, positioning this as a greenfield investment in renewable energy infrastructure.

Shareholding Structure and Corporate Governance

Following the completion of both investment tranches, CIE Automotive holds 40% of AMP Energy's paid-up equity capital, representing 29% on a fully diluted basis. The investment does not involve any related party transactions, as confirmed by CIE Automotive's disclosure that no promoter, promoter group, or group companies have interests in AMP Energy.

AMP Energy became an associate company of CIE Automotive effective December 2, 2025, following the allotment of first tranche equity shares. The transaction was conducted at arm's length with shares acquired at par value.

Regulatory Compliance and Disclosure

CIE Automotive made the disclosure under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company cited a brief delay in disclosure, explaining that AMP Energy communicated the allotment details on January 19, 2026, prompting immediate regulatory filing.

This strategic investment represents CIE Automotive's commitment to sustainable manufacturing practices and cost optimization through renewable energy adoption, aligning with broader industry trends toward environmental responsibility and operational efficiency.

CIE Automotive 's wholly-owned subsidiary, CIE Aluminium Casting India Limited (CIEALCAST), has acquired a significant stake in AMPIN Energy C&I Thirty One Private Limited, marking its entry into the renewable energy sector. This move aligns with the company's strategy to optimize power costs and enhance its sustainability profile.

Key Highlights of the Acquisition

• Stake Acquired: 39.91% of AMPIN Energy C&I Thirty One Private Limited
• Number of Shares: 8,75,000 equity shares
• Investment Amount: Rs 87.5 lakh
• Share Price: Rs 10 per share (acquired at par value)

Strategic Rationale

The primary objective of this investment is to establish a captive solar power plant with a gross capacity of approximately 5 MWp (3.3 MWac). This initiative is expected to optimize power costs at CIE's manufacturing facility in Maharashtra.

Investment Structure

About AMPIN Energy C&I Thirty One Private Limited

• Incorporation Date: November 28, 2023
• Business Focus: Developing and operating renewable energy projects
• Parent Company: AMPIN CI Private Limited

Financial Implications

While the immediate investment is relatively small compared to CIE Automotive India's overall financial position, it represents a strategic move towards sustainable energy solutions. As per the latest consolidated balance sheet data:

The investment in AMPIN Energy, while not significantly impacting these figures, aligns with the company's growth in investments, which have seen a substantial increase of 26.53% year-over-year.

Outlook

This strategic investment not only positions CIE Automotive India to benefit from reduced power costs but also demonstrates the company's commitment to sustainable practices. As the renewable energy sector continues to grow, this move could potentially open up new opportunities for the company in the green energy space.

Investors and stakeholders will be keen to observe how this investment impacts CIE Automotive India's operational efficiency and sustainability metrics in the coming quarters. The completion of the second tranche of investment, expected within the next four months, will be a key milestone to watch for further developments in this strategic initiative.