The Competition Commission of India (CCI) has approved the proposed acquisition of a minority equity stake of Havells India in Goldi Solar Private Limited and the full partnership interests in Vama Inverters LLP and Goldi Energy LLP.
As part of the transaction, Havells India Limited will acquire less than 10 per cent of the issued and paid-up equity share capital of Goldi Solar Private Limited. In a parallel deal, Goldi Sun Private Limited will acquire 100 per cent partnership interest in Vama Inverters LLP and Goldi Energy LLP.
