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Simplex Castings LtdImportant, 08-06-2026: Company Update

08-06-2026 | 04:31 pm

OFFICE ADDRESS PHONE FAX E-MAIL

Regd. Office : 32, SHIVNATH COMPLEX GE ROAD SUPELA BHILAI -490023(CG), INDIA 0788-2290485 marketing@simplexcastings.com

Kolkata : 3B, MANSAROWAR, CAMAC STREET 3rd FLOOR KOLKATA - 700016 (W.B.) INDIA 7225057701 033-22493251 kol@simplexcastings.com

Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-2290484 0788-4034188 marketing@simplexcastings.com

Rajnandgaon (Plant) : 223/2,224INDUSTRIAL ESTATE, TEDESARA, RAJNANDGAON - 491441(C.G.) INDIA 9200056703 0788-2285664 marketing@simplexcastings.com

Simplex Castings Ltd.

[An MSME Unit (Small), Reg. No. UDYAM-CG-05-0000018]

Registered Office : 32, Shivnath Complex G.E.Road, Supela Bhilai – 490023 (C.G.) India

Phone : +91-788-2290484/85 Fax : +91-788-2285664

E-Mail : CFO@simplexcastings.com Website : www.simplexcastings.com

CIN:L27320CT1980PLC019535 GSTIN: 22AABCS4650E1ZT

Date: 08-06-2026

To,

The Manager

Department of Corporate Services

BSE Limited

PJ Towers, Dalal Street

Mumbai-400001

Scrip Code: 513472

To,

The Manager

Calcutta Stock Exchange

Address: 7, Lyons Range,

Dalhousie, Kolkata700001,

West Bengal

Scrip Code: 29066

Sub: Press Release on "Simplex Castings Advances Green Energy Transition with 25-

Year Solar Power Agreement"

Dear Sir/Madam,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations

and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the Press

Release titled “Simplex Castings Advances Green Energy Transition with 25-Year Solar

Power Agreement.”

This is for your information and record.

Thanking you,

Yours faithfully,

FOR, SIMPLEX CASTINGS LIMITED

Sangeeta K Shah

Managing Director

DIN: 05322039

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PRESS RELEASE

1

Simplex Castings Advances Green Energy

Transition with 25-Year Solar Power Agreement

Company enters long-term captive solar arrangement with Natraj Energy; annual energy and

power cost to be saved upto approximately ₹2.16 Crores

Bhilai, 8th June, 2026: Simplex Castings Limited (BSE: 513472), India’s leading precision

metallurgy and casting solutions company, has entered into a 25-year Power Purchase

Agreement (PPA) with M/s Natraj Energy, a Raipur-based renewable energy partnership

firm, for the supply of clean energy through a captive solar power project under the Long-

Term Open Access (LTOA) mechanism in the State of Chhattisgarh.

Under the agreement, Natraj Energy will develop, own, operate and maintain a 5.5 MWp grid-

connected solar power plant, which will supply renewable electricity to Simplex Castings'

manufacturing facilities at Bhilai and Tedesara through the open-access captive

consumption mechanism.

The transition to solar power is going to deliver annual energy cost savings of close to ₹2.16

Crores, representing a significant improvement in the Company's cost structure over the life

of the agreement. Prior to this arrangement, the Company was sourcing power at ₹9 per unit

from the conventional grid. Under the new solar power agreement, Simplex Castings is

expected to achieve a saving of close to ₹3 per unit, effectively bringing its net energy cost

down to ₹5-6 per unit for the same consumption pattern.

The arrangement has been structured on a cash-neutral basis, enabling the Company to

participate in the project economics without material upfront capital outlay.

Natraj Energy will assume full responsibility for project development, statutory and regulatory

approvals, grid connectivity, long-term open access arrangements, and operations and

maintenance of the solar facility throughout the 25-year term. The agreement incorporates

robust performance and payment security mechanisms to ensure reliable energy supply to the

Company.

Commenting on the development, Mr. Ketan Shah, Chairman and Executive Director

said: stated: “This long-term solar power arrangement marks a significant step in Simplex

Castings' sustainability journey. By securing clean energy at a predictable tariff over a 25-year

horizon, we are simultaneously strengthening our commitment to responsible manufacturing

and meaningfully improving our energy cost structure. The annual savings of approximately

₹2Crores reflect the tangible financial value of this initiative which adds to our margins,

alongside its environmental benefits. We look forward to a productive partnership with Natraj

Energy as we work towards a cleaner and more efficient future.”

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PRESS RELEASE

2

About Simplex Castings Limited:

Simplex Castings Limited (SCL) is a leading Indian Precision Metallurgy company with global

business presence. SCL possesses well equipped manufacturing facilities such as Cast Iron

Foundry, and Heavy Engineering & Fabrication Plant. Each plant is associated with modern

machining facilities and a central machine shop with several machine tools including a large

number of CNCs, EPC Division to take up Turn-Key Projects, Design wing with modern

computer setup and aided tools. Our Website: simplexcastings.com

For more information, contact:

Simplex Castings Limited Merlin Capital Advisors

Mr. Avinash Hariharno

Director- Finance

Email: cfo@simplexcastings.com

Mr. Ayush Divecha

Contact: +91 81048 55515

Email: ir@merlincapital.co.in

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