Aarti Industries Limited — Important, 30-01-2025: General Updates

Aarti Industries has entered into a Share Purchase Agreement to acquire 49% equity shares in Clean Max Indus Private Limited, a special purpose vehicle set to establish a 16.50 MW wind-solar hybrid power project. This strategic move aligns with Aarti's commitment to renewable energy, enabling the company to reduce its power costs significantly. The expected start of renewable power delivery is in H1/FY26-27, which presents a positive outlook for operational efficiency. The cash consideration for this acquisition amounts to Rs. 49,000, and the deal completion is anticipated within 10 days from the execution of the agreement. This development underscores Aarti's proactive approach towards sustainable energy solutions.