Aarti Drugs Limited — Important, 09-01-2025: General Updates

Aarti Drugs Limited has executed a Share Subscription and Shareholders’ Agreement with Prozeal Green Power Private Limited and its newly formed Special Purpose Vehicle (SPV) for the establishment of a solar power plant. The company will acquire a 26.25% equity stake in the SPV, totaling an investment of Rs. 1.65 crore, which comprises Rs. 6.30 lakh for 63,000 equity shares and Rs. 1.58 crore in Compulsory Convertible Debentures. This strategic investment aims to meet green energy needs and optimize energy costs by sourcing renewable power for the company’s own operations. The acquisition is set to be completed within 30 days, enhancing Aarti Drugs' commitment to sustainability and potentially reducing energy expenses moving forward. Key investors should watch closely for future developments in renewable energy initiatives.