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ReNew Energy Global plc T.RNW


Primary Symbol: RNW

ReNew Energy Global Plc is a decarbonization solutions company. It is a utility-scale renewable energy solutions providers in India. It operates wind, solar, and hydro energy projects. It provides clean energy solutions and value-added energy offerings through digitalization, storage, and carbon market services. It conducts business activities relating to the generation of power through non-conventional and renewable energy sources through ReNew Power Private Limited and its subsidiaries. It operates in four segments: wind power, solar power, hydro power, and transmission line. Its wind power segment reflects the revenue earned from its utility-scale wind energy projects in India and solar power segment reflects the revenue earned from its utility-scale and solar energy projects in India and hydro power segment reflects the revenue earned from its hydro energy projects in India. Its transmission line segment include revenue from construction and maintenance of transmission lines.


NDAQ:RNW - Post by User

Comment by deanstyleson Oct 05, 2023 3:31pm
96 Views
Post# 35671768

RE:Actual proportions ....

RE:Actual proportions ....64.452% of the 106,510,884 RWN shares NOT owned by TA (times 1.0337) is 70,961,845 TA shares.
TA say they only are putting up 46,441,799 shares for the exchange.

Unless TA is willing to put up more shares there are not enough to cover 64.452%

Am I missing something here?

My calculation says 58% shares and 42% cash perfectly consumes the $800 million cash and 46,441,799 share limits.
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