Concord Biotech Limited — Board Meeting, 04-03-2025: Outcome of Board Meeting

The Board of Directors has announced a board meeting outcome where they approved an investment of ₹6.09 Cr in Clean Max Everglades Pvt Ltd. This investment will secure a 26% equity stake for the installation of a hybrid renewable energy plant in Gujarat, featuring 6.6 MW wind and 3.3 MW solar capacities. This strategic move aligns with Concord Biotech's commitment to sustainability and aims to reduce its carbon footprint while enhancing operational efficiency and offering long-term financial benefits through lower energy costs.