BSECompany Update3d ago · 2 Sept 2026, 05:44 pm

Acquisition of 26% equity share capital of Amplus TN One Energy Private Limited

India Cements Ltd · 530005

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India Cements Ltd has announced the acquisition of 26% equity share capital of Amplus TN One Energy Private Limited, a renewable energy company, to meet its green energy needs and comply with regulatory requirements.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10

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India Cements Ltd - 530005 - Announcement under Regulation 30 (LODR)-Acquisition

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SH/ 02.09.2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Dept. Exchange Plaza, 5th Floor First Floor, New Trading Ring Plot No.C/1, G Block Rotunda Building B a ndra-Kurla Complex Phiroze Jeejeebhoy Towers Bandra (E) Dalal Street, Fort MUMBAI 400 051. MUMBAI 400 001. Scrip Code : 530005 Scrip Code : INDIACEM Dear Sirs, Sub.: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) – Acquisition of 26% equity share capital of Amplus TN One Energy Private Limited In terms of the provisions of Regulation 30 of Listing Regulations, we write to inform you that the Company has entered into Power Purchase Agreements and Share Subscription and Shareholders Agreement to acquire 26% equity shares of Amplus TN One Energy Private Limited, a company engaged in generation and transmission of renewable energy. The acquisition is for the purposes of meeting the Company’s green energy needs, optimising energy cost and comply with regulatory requirements for captive power consumption under electricity laws. Disclosure as required under the Listing Regulations is attached as per Annexure A. The above is for your information and record. Thanking you, Yours faithfully, for THE INDIA CEMENTS LIMITED COMPANY SECRETARY Encl.: As above CC: Luxembourg Stock Exchange P O Box 165 L-2011 Luxembourg Grand Duchy of Luxembourg EUROPE. E: investor.indiacements@adityabirla.com Annexure A Sr Particulars Details a) Name of the Target Entity, details in Amplus TN One Energy Private Limited brief such as size, turnover etc b) Whether the acquisition would fall within The proposed acquisition is not a related party related party transaction(s) and whether transaction(s) and the promoter / promoter group / the promoter / promoter group / group group companies have no interest in the proposed companies have any interest in the acquisition. entity being acquired? If Yes, nature of interest and details thereof and whether the same is done at “arm’s length”. c) Industry to which the entity being Generation and transmission of renewable energy acquired belongs (solar power). d) Objects and impact of acquisition To meet the green energy needs; optimise energy (including but not limited to, disclosure costs and comply with regulatory requirements for of reasons for acquisition of target captive power consumption under electricity laws. entity, if its business is outside the main line of business of the listed entity) e) Brief details of any governmental or - regulatory approvals required for the acquisition f) Indicative time period for completion of Within 180 days from the execution of Power the acquisition Purchase Agreements and Share Subscription and Shareholders Agreement g) Consideration - whether cash Cash consideration consideration or share swap or any other form and details of the same h) Cost of acquisition and / or the price at Equity investment of upto Rs. 14,06,27,240/- which the shares are acquired (Rupees Fourteen Crore Six Lakh Twenty-Seven Thousand Two Hundred Forty Only) i) Percentage of shareholding / control 26% acquired and / or no. of shares acquired j) Brief background about the entity Amplus TN One Energy Private Limited is a acquired in terms of products / line of company having registered office at business acquired, date of 6th Floor, Emaar MGF Palm Square, Golf Course incorporation, history of last three years Extension Road, Sector 66, Haryana, Gurgaon turnover, country in which acquired 122102, India and is a special purpose vehicle entity has presence and any other (“SPV”) for setting up 41.80 MW (AC) solar power significant information (in brief) projects integrated with Battery Energy Storage System (BESS) on a captive basis. The projects are being established for supply of renewable power to four cement manufacturing units located in the States of Andhra Pradesh and Telangana. Date of incorporation: 6th June 2024 Turnover (last three years) (Rs. in crores): Nil Country: India E: investor.indiacements@adityabirla.com