INDO-MIM: Proposal to make investment in Meena Solar Power Park Private Limited to acquire 6.5% equity stake under…
INDO-MIM (INDOMIM) filed a disclosure titled "Proposal to make investment in Meena Solar Power Park Private Limited to acquire 6.5% equity stake under group captive scheme". The company is valued at about ₹63,116 crore.
What happened
INDO-MIM (INDOMIM) filed a disclosure with the exchanges on 13 November 2026 at 10:28 PM titled "Proposal to make investment in Meena Solar Power Park Private Limited to acquire 6.5% equity stake under group captive scheme".
From the filing: "INDO-MIM Limited has informed the Exchange about the Proposal to make investment in Meena Solar Power Park Private Limited to acquire 6.5% equity stake under group captive scheme."
Company snapshot
INDO-MIM is a mid-cap company, with a market value of about ₹63,116 crore.
The stock last traded at ₹1,276.4, against a 52-week range of ₹700–₹1,374.4 (7.1% below the high).
Before this filing the shares had moved +3.0% over the month and +53.7% over three months. Average daily turnover over the last 20 sessions was about ₹135 crore.
Promoters held 77.65% at the end of Q2 FY27. Foreign institutions owned 2.34% and domestic institutions 6.05%.
What history shows
BCEIE has no earlier m&a filing from this company on record since May 2026.
Market-wide, 2,461 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 13 November 2026: Board meeting — Financial Results/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- INDOMIM Share Price Today - Indo-MIM on NSE/BSE
- INDO-MIM LIMITED Share Price - Live NSE: INDOMIM Stock Price & Chart
- Indo-MIM Ltd. IPO Review - Indo-MIM Ltd. IPO Dates, Issue Price, Subscription and Allotment Status
- Indo-MIM Ltd. Share Price Today - Indo-MIM Ltd. Stock Price Live NSE/BSE
- INDO-MIM (NSEI:INDOMIM) - Stock Analysis
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.