Shriram Group has announced an open offer to buy 26 per cent stake in Orient Green Power Company at a price of Rs. 15 per share.

Shriram Industrial Holdings Private Ltd (the acquirer), and Orient Green Power Pte. Ltd. and Shriram Venture, in their capacity as persons acting in concert with the acquirer have made the public announcement to the shareholders of Orient Green Power for acquisition of up to 14.77 crore equity shares, a BSE notification said.

More In: Industry | Business