Enclosed herewith Disclosure under Reg 30 of SEBI (LODR) Regulations, 2015 relating to Yash Trading and Finance Limited Company''s 100% Subsidiary i.e. Solarfusion Renewables Pvt Ltd has ....
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Yash Trading and Finance Limited's 100% subsidiary, Solarfusion Renewables Pvt. Ltd., has initiated development of a solar power project in partnership with Vasuki Cement Pvt. Ltd. Two Special Purpose Vehicles — Solarfusion RE Park One Pvt. Ltd. and Solarfusion RE Park Two Pvt. Ltd. — have been formed for this purpose, with Solarfusion holding 74% and Vasuki Cement holding 26%. The agreement is valued at Rs. 36.30 Crores and involves long-term generation and supply of solar power to Vasuki Cement on a captive/group captive basis. The project must be commissioned by 30 June 2026, with provisions for deemed generation compensation in case of delay. The SPVs will handle design, financing, construction, commissioning, and maintenance, with billing based on metered energy at an agreed per-unit tariff.
This marks the company's entry into the renewable energy space and is expected to provide stable, long-term recurring revenue. For shareholders, this diversifies the business beyond trading and finance into an asset-backed energy segment, though execution and timely commissioning remain key milestones to watch.