Announced Thu, 9 Apr · 17:59 IST

Please find attached intimation of termination of Agreements executed with Radiance MH Sunrise Thirteen Private Limited

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Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹97.15
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-0.1+2.9+4.0+4.9+4.9+2.8+6.3+6.0+27.1+38.4
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AI summary

Saint Gobain Sekurit India Limited has announced the mutual termination of two agreements with Radiance MH Sunrise Thirteen Private Limited. The agreements were a Power Purchase Agreement and a Share Subscription Agreement related to sourcing renewable energy from a Solar/Intra-State Transmission System power generation plant. The original agreements were executed on August 6, 2025. The termination was completed by mutual consent on April 9, 2026. The company has clarified that there is no material impact on the financials or operations of the company due to this termination.

Likely market impact

The termination appears to be minor in nature since the company explicitly states no material impact on financials or operations. This announcement is unlikely to have any significant negative effect on the stock price as the agreements were not material to the company's core business.