Target Entity: Swarnaakshu Solar Power Private Limited (Swarnaakshu)
Type of Deal: Strategic investment and power purchase agreement for captive consumption
Stake/Capacity: 26% of the paid-up equity share capital
Deal Value: Total investment commitment of ₹10.40 crores. Initial investment of ₹0.52 crores (52 lakhs) made on June 25, 2026.
Funding Source: Not explicitly disclosed in the document
Financial Impact: Not explicitly disclosed in terms of revenue contribution, EBITDA impact, or margin profile. The investment is for acquiring equity stake and securing solar power for captive consumption.
Timeline: The balance investment of approximately ₹9.88 crores will be made "from time to time depending upon the progress of the solar project and fund requirements of Swarnaakshu." No specific completion date provided.
Strategic Rationale: Purchase of solar power for captive consumption under the captive power policy of the Government of Telangana. The investment supports the company's energy needs through renewable sources.
Approval Status: Completed for the initial investment and power purchase agreement execution. Future investments are contingent on project progress.
Reference Regulation: This disclosure appears to be made under SEBI Listing Regulations (typically Regulation 30), though not explicitly numbered in the document.
