It is hereby informed that the Company has made 2.5 MWp Solar Power Capacity addition by purchasing Solar Power Plant from M/s Sree Rayalaseema Hi-Strength Hypo Limited, SRHHL (a Group ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TGV SRAAC Limited has added 2.5 MWp of solar power capacity by purchasing a solar power plant from its group company, M/s Sree Rayalaseema Hi-Strength Hypo Limited (SRHHL). The transaction was approved by the Board and Audit Committee on 08.08.2025. With this addition, the company's total solar power generating capacity rises from 42.90 MWp to 45.40 MWp, marking a roughly 5.8% increase in renewable energy capacity.
This is a small capacity addition (~5.8%) funded via an inter-group purchase, supporting the company's renewable energy goals but unlikely to materially move the stock price. Shareholders should note the related-party nature of the transaction, which requires proper governance oversight.