Please find attached the intimation regarding execution of agreements with Radiance MH Sunrise Thirteen Private Limited on August 6, 2025, towards sourcing of green energy
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Saint-Gobain Sekurit India has signed two agreements with Radiance MH Sunrise Thirteen Private Limited on August 6, 2025: a Power Purchase Agreement (PPA) and a Share Subscription Agreement (SSA). The counterparty was revised from an earlier-named entity, Radiance MH Sunshine Two Private Limited, to the new entity. The agreements are aimed at securing green energy for the company's operations, building on prior disclosures made in October 2024 and May 2025. The filing is made under SEBI Regulation 30, indicating it qualifies as a material disclosure.
This is a positive sustainability step that should help lower the company's carbon footprint and may lead to long-term cost savings on energy. It is operational in nature and unlikely to cause any immediate share price movement, but it strengthens the company's ESG profile.