BOROSIL RENEWABLES LIMITED — Important, 08-04-2025: Updates

The company has received an incentive of ₹7.77 crores from the Gujarat State Electronics Mission (GSEM) as part of a capital incentive program under the Electronics Policy (2016-21). This amount is tied to the capital expenditure for the commissioning of its third solar glass furnace (SG-3) at its Bharuch plant. This financial boost underscores the company’s commitment to expanding its capabilities in the Electronics System Design and Manufacturing (ESDM) sector and may enhance operational efficiency moving forward, contributing positively to the company's growth trajectory. Investors should watch closely for further developments related to this expansion initiative.