Beacon Stone Capital sold 2,70,000 shares of CLN Energy Limited for ₹11.81 Cr at ₹437.26 apiece in a bulk deal.
A manufacturer of customized lithium-ion batteries and electric motors, CLN Energy supplies powertrain components to electric vehicle makers across India. Incorporated in 2019, the company specializes in designing and producing battery systems and motor assemblies tailored to customer specifications and technical requirements. It serves original equipment manufacturers and emerging EV producers, positioning itself as a key supplier in India's growing electric vehicle ecosystem and energy transition.
Beacon Stone Capital is a Singapore variable capital company that is an active anchor investor in Indian SME and listed equity offerings.
