Lords Chloro Alkali Limited — Important, 19-03-2025: Agreements

Lords Chloro Alkali Limited has announced a board meeting that approved the execution of a Power Supply Agreement and Share Purchase Agreement with CGE II Hybrid Energy Private Limited. The acquisition aims to enhance the company’s renewable power supply by 10 MW for its Alwar plant, with completion expected by June 30, 2025. The cash consideration for acquiring 10.10% ownership amounts to approximately ₹9.52 crore, facilitating entry into the renewable energy sector. This strategic move may positively influence investor sentiment, highlighting the company's commitment to sustainability and operational efficiency.