Valiant Organics Limited — JV/Acquisition, 24-04-2025: Acquisition

Valiant Organics Limited has entered into a Share Subscription and Shareholders’ Agreement to acquire a 26.25% equity stake in Pro-Zeal Green Power Eight Private Limited, a Special Purpose Vehicle focused on renewable energy projects. The total acquisition cost is approximately ₹2.90 Crore, with ₹6.30 Lakh for equity shares and ₹2.84 Crore for Compulsory Convertible Debentures. This strategic move aligns with Valiant's commitment to optimize energy costs through solar power, which will be supplied for its captive consumption. The transaction is expected to be completed within 30 days and will enhance the company's position in renewable energy sectors.