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Lords Chloro Alkali LimitedBoard Meeting, 19-03-2025: Outcome of Board Meeting

19-03-2025 · 03:55 pm

Lords Chloro Alkali Limited has announced a board meeting outcome where the Board of Directors approved two key agreements. The first is a Power Supply Agreement and Share Purchase Agreement with CGE Hybrid Energy Private Limited aimed at enhancing renewable power supply by 10MW for its plant in Alwar, Rajasthan. The second is a Lease Rent Agreement with Varahalakshmi Infrastructure Private Limited for a 10.4-acre land lease to set up an industrial unit for manufacturing Chlorinated Paraffin Wax, involving a security deposit of ₹10 Crore and an initial monthly rent of ₹3 Lakh, increasing to ₹7 Lakh upon completion of construction.

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