GEM Enviro Management Ltd — Important, 11-08-2026: Company Update

GEM Enviro Management has signed a Share Subscription Agreement to acquire 26% of Solluz Energy Private Limited by investing approximately Rs. 5.07 crore. This investment for 21,10,680 equity shares at Rs. 24 each will establish Solluz as an associate company. GEM Enviro gains significant strategic rights, including nominating up to two directors to Solluz's board, pre-emptive rights on future share issues, and requiring prior consent for major decisions like changes in capital structure. This move enhances GEM Enviro's influence and strategic involvement with Solluz.