Rajratan Global Wire Ltd has committed a strategic investment of ₹14.4 million in Lilac Ecoenergy, supporting the latter’s growth in clean energy technology. This move aligns with Rajratan's focus on sustainability and future-ready business ventures.
Rajratan Global Wire Limited has announced a ₹14.4 million investment in Lilac Ecoenergy, a company specializing in innovative clean energy solutions. This investment marks a step forward in Rajratan’s commitment to sustainability and diversification beyond its core wire manufacturing business.
Lilac Ecoenergy is known for advancing next-generation energy storage and eco-friendly technologies aimed at addressing global environmental challenges. By investing in Lilac Ecoenergy, Rajratan is positioning itself to capitalize on the growing green energy market in India and globally.
The partnership is expected to fuel Lilac’s research, development, and commercialization efforts, while also enabling Rajratan to enhance its environmental, social, and governance (ESG) credentials. This investment complements Rajratan’s strategic vision to integrate sustainability at its core while pursuing new growth avenues.
Key Highlights:
₹14.4 million investment by Rajratan Global Wire Limited in Lilac Ecoenergy.
Focus on expanding presence in clean and sustainable energy sectors.
Lilac Ecoenergy specializes in advanced energy storage and green technologies.
Investment to accelerate R&D and market expansion of ecoenergy solutions.
Strengthens Rajratan’s ESG framework and future business diversification.
Reflects growing investor interest in sustainable and climate-friendly technologies.
Sources: EquityBulls, company disclosures