Zodiac Energy Limited — Important, 20-11-2024: Updates

Zodiac Energy Limited has entered into a Memorandum of Understanding (MOU) with State Bank of India (SBI) to facilitate financial assistance of up to Rs. 10.00 Crores for customers interested in purchasing Solar Photovoltaic Plants. The assistance will be subject to SBI's credit assessment. This partnership presents a strategic opportunity for Zodiac Energy, potentially enhancing customer acquisition for solar products. The MOU is valid for two years and may be renewed upon mutual agreement. This development could positively impact Zodiac Energy's market position, bolstering its growth prospects in the renewable energy segment.