Torrent Power picks up stakes in Newzone India, its holding firm for Rs 211 crLast Updated: September 23, 2025, 20:15 ISTRepresentational image (Image: News18)New Delhi, Sep 23 (PTI) Torrent Power on Tuesday said it has acquired stakes in Newzone India Pvt Ltd and its holding company Newzone Power Projects Pvt Ltd for around Rs 211 crore. Newzone Power Projects Pvt Ltd (NZPPPL) is the holding company of Newzone India Pvt Ltd (NZIPL), Torrent Power said in an exchange filing. top videos View all Swipe Left For Next Video View allRecommended StoriesIt has acquired “11,95,110 equity shares of NZIPL and 30,00,000 equity shares NZPPPL of face value of Rs 10 each at a total consideration aggregating to Rs 211 crore…," the company said. With this move, it has acquired 100 per cent Equity Share capital of NZPPPL and 49 per cent of NZIPL from the seller. PTI ABI ABI MRFirst Published: September 23, 2025, 20:15 ISTNews agency-feeds Torrent Power picks up stakes in Newzone India, its holding firm for Rs 211 crDisclaimer: Comments reflect users’ views, not News18’s.