Carborundum Universal Ltd has invested INR 6.48 crore to acquire a 29.58% stake in Putrim Renewables, marking their joint venture for a 18 MWp solar power project in Tamil Nadu. This move is an initiative towards strengthening their ESG (Environmental, Social, and Governance) goals.

Carborundum Universal has announced its plan to wind down its German subsidiary, CAAG. The closure is expected to impact the company's finances by approximately ₹110-130 crore, equivalent to about 1.9% of their total revenue.