MRF Acquires 26 Percent Stake in Serentica Renewables for INR 99 Crore
MRF will acquire up to 26 percent of the paid-up equity capital of Serentica Renewables India 26 Pvt. Ltd.
October 11, 2025. By Abha Rustagi
The investment, valued at INR 99 crore, will be made through cash consideration. According to an official filing, the acquisition aims to strengthen MRF’s renewable energy sourcing and reduce its carbon footprint through group captive generation, in line with the company’s sustainability goals.
Serentica Renewables India 26, incorporated in May 2025, is a renewable energy developer engaged in building, owning, and operating clean energy projects across solar, wind, hydel, geothermal, and energy storage segments. The company has yet to commence commercial operations.
MRF expects to complete the acquisition by July 31, 2026. No government or regulatory approvals are required for the transaction, and it does not constitute a related-party deal.
please contact: contact@energetica-india.net.
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