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Syncom Formulations (India) LimitedImportant, 13-02-2025: Disclosure of material issue

13-02-2025 | 03:08 pm

SYNCOM FORMULATIONS (INDIA) LIMITED is set to install a Solar Rooftop Project at its manufacturing facility in Pithampur, Madhya Pradesh, with a capacity of 435 KWp (325 KW AC). The estimated project cost is ₹1.30 Crores plus GST, to be funded through internal accruals. This initiative aims for captive consumption and is expected to generate approximately 5.65 lakh units annually, contingent on grid availability and consumption. As part of its commitment to sustainable energy practices, this move could enhance operational efficiency and reduce energy costs, presenting a positive outlook for the company's long-term strategy.

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