Sudhir Maheshwari-led Synergy Capital acquired Saurashtra Fuels' Mundra plant, becoming a major independent metallurgical coke producer in India. This strategic Rs 2,000 crore investment aims to secure scarce raw material, with operations resuming by Q4 2025. Synergy also plans greenfield power generation and a ferro-alloy plant, leveraging the site's proximity to key ports.