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    ALPHA TRIBE

    Silgo Retail Limited — Important, 16-10-2025: Disclosure of material issue

    16-10-2025 | 05:23 pm

    **#SILGO** is making a strategic move! The company has incorporated a new subsidiary, **Silgo Power 1 Private Limited**, on October 16, 2025. This entity is a special purpose vehicle (SPV) dedicated to developing and operating **solar power plants**.

    **The development:** SILGO Retail, primarily a retail company, is now actively venturing into the solar energy sector.

    **Possible impact:** This marks a significant diversification beyond its core retail business into renewable energy. For investors, this could open up new growth avenues and potentially enhance long-term sustainability, offering exposure to the expanding clean energy market.

    **Company's response:** SILGO Retail has proactively established Silgo Power 1 Private Limited, taking a 99.99% equity stake with an initial cash investment of Rs. 1 lakh. This signals a clear strategic intent to pursue solar power plant development, operation, and maintenance.

    **#SolarEnergy #Diversification #Investment**

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