DMCC SPECIALITY CHEMICALS LIMITED — Important, 16-05-2025: Agreements

DMCC Speciality Chemicals has announced a board meeting and signed a Power Purchase Agreement with AMPYR Renewable Energy Resources Twelve B Pvt Ltd to source solar power for captive use, aiming to reduce power costs through renewable energy. The shareholding and consideration details await finalization under a pending Shareholders’ Agreement. AMPYR, a green energy firm established in 2023, is independent of DMCC’s promoter group, ensuring an arm’s length deal. This strategic move supports DMCC’s sustainable energy transition and cost efficiency.