K2 Infragen Limited — Important, 04-04-2025: Updates

K2 Infragen Ltd will not be moving forward with the recently awarded 67.61 MWp solar EPCC project in Khavda, Gujarat, due to changes in the scope of work and unsuccessful negotiations on pricing. The purchase order was received on March 20, and after a revised offer was shared on April 3, it was not accepted by the customer. The company has opted for a practical approach by halting negotiations to avoid wasting time for both parties. K2 Infragen emphasizes its commitment to sustainable growth and ensuring shareholder interests, which is reflected in this decision.