Lotus Renewables Sells 4.61% Stake in Hatton Plantations š
⢠Lotus Renewable Energy Ltd. offloaded 10.9 million shares (4.61% stake) in Hatton Plantations PLC. ⢠The transaction was valued at Rs. 297.7 million. ⢠Shares were sold at Rs. 27.30 each to Durga Infra Ltd. on 21 November 2025. ⢠Prior to the sale, Lotus Renewables held a substantial majority stake of 76.65% (as of end September 2025). ⢠Hatton Plantations (key sector: plantations/tea) closed the day prior at Rs. 28.10, down 40 cents from its previous close.
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