Aarti Drugs Limited — Important, 03-02-2025: General Updates

Aarti Drugs Limited has entered into a Share Subscription and Shareholders’ Agreement to acquire a 26.25% equity stake and voting rights in Pro-Zeal Green Power Nine Private Limited, a Special Purpose Vehicle (SPV) established for developing a 24.40 MWp solar power plant. This initiative aligns with the company's strategy to procure renewable energy and aims to meet its green energy needs while optimizing energy costs. The total investment in this transaction amounts to Rs. 8.05 Crore, comprising Rs. 0.63 Crore for 63,000 equity shares and an additional Rs. 7.99 Crore for Compulsory Convertible Debentures. The acquisition is expected to be completed within 30 days, providing Aarti Drugs with a sustainable energy solution for its operations. Investors should watch closely for potential long-term cost benefits and improved energy sustainability.