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Recent Updates — RNWWW

July 28, 2026View Source ↗

ReNew Energy Global plc announced receipt of a best and final non-binding proposal from a consortium comprising Canada Pension Plan Investment Board and founder Sumant Sinha to acquire all non-owned shares for US$7.02 per share. This offer represents a 12.5% premium to the May 28 closing price of US$6.24 and a 4.0% increase over the previous US$6.75 proposal. The transaction would be structured as a UK scheme of arrangement, allowing shareholders to elect for cash or retain shares. The Special Committee is currently evaluating the proposal. ReNew Energy Global plc operates in the renewable energy sector, providing clean energy generation, storage, and solar manufacturing solutions.