Date: November 13, 2026

Board Meeting Outcomes

  • The Board of Directors reviewed the proposal to invest up to ₹1,100 Lakh (₹11 Crore) towards equity stake in Clean Max Neht Private Limited
  • The investment was intended for purchasing solar power for the Company's plants at Khatima and Bazpur
  • The Board decided not to proceed with the investment proposal due to change in economies/savings from the said investment
  • The Board meeting commenced at 1510 Hours (IST) and concluded at 1636 Hours (IST), lasting approximately 86 minutes

Other Operational / Legal / Strategic Disclosures

  • This announcement serves as an update to the previous intimation dated March 25, 2026 regarding the proposed investment
  • The disclosure is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015