Esab India Limited — Board Meeting, 15-07-2025: Outcome of Board Meeting

ESAB India's board approved strategic investments to secure green energy for its operations. The company is subscribing to equity in two renewable energy Special Purpose Vehicles: Sunsure Solar Park Twenty-Four Pvt Ltd (solar, Tamil Nadu) and Viviid Clean Energy (One) Pvt Ltd (wind, Maharashtra). ESAB India will invest up to Rs. 2.12 Cr in the solar entity (9.78% stake) and Rs. 0.54 Cr in the wind entity (26% stake). These moves enable captive consumption of electricity, aiming to meet manufacturing plant energy needs with cleaner power, enhancing efficiency and sustainability.