Shyam Metalics and Energy Limited — Important, 11-11-2025: Disclosure of material issue

**SHYAMMETL** is making a strategic move to secure green energy and cut costs! The company has signed a Solar Power Purchase Agreement (PPA) and acquired a 26% stake in Emerge Green Power Private Limited (EGPPL) for ₹ 0.75 Cr. ☀️ This makes SHYAMMETL a captive user, enabling it to source solar power for its manufacturing operations.

**Issue:** High energy costs and reliance on grid power for its energy-intensive industrial operations.

**Possible Impact:** This investment is expected to significantly reduce energy expenses, improve EBITDA margins, lessen dependence on grid power, and enhance the company's environmental footprint through increased green power usage. It also supports compliance with ESG frameworks.

**Company’s Response/Mitigation Plan:** By acquiring a 26% equity stake in EGPPL, SHYAMMETL qualifies as a captive user, allowing it to procure solar power at a preferential tariff. This aligns with its long-term strategy for reliable, cost-efficient, and environmentally friendly power. The acquisition is targeted for completion by May 2026. #EnergyEfficiency #ESG #SolarPower