NSEGeneral Updates1d ago · 17 Sept 2026, 05:51 pm
General Updates
BSL Limited · BSL
✦ AI Summaryacquisition
BSL Limited has informed the Exchange about Acquisition in Bhadla Minigrid Solar 5 Private Limited, a special purpose vehicle established for owning and operating a captive power plant.
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Full Announcement
BSL Limited has informed the Exchange about Acquisition in Bhadla Minigrid Solar 5 Private Limited, a special purpose vehicle established for owning and operating a captive power plant
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BSL Ltd.
REGO. OFFICE: Post Box No. 16-17
Mandpam, Bhilwara - 311001 (Rajasthan) INDIA
Tel.: (91-1482) 245000
PROUD TO BE INDIAN E-mail: accounts@bslsuitings.com, Website: www.bslltd.com
PRIVILEGED TO BE GLOBAL
CIN: L24302RJ1970PLC002266 www.bslltd.com
Ref: BSL/CS/2026-27
Dated: 17/09/2026
The Manager- Listing Department, The General Manager- Listing Department
The National Stock Exchange of India Ltd. BSE Limited
Exchange Plaza, NSE Building Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Dalal Street,
Bandra East, Mumbai- 400 00 I
Mumbai- 400 051 Fax: 022-22723121
Fax: 022-26598237,022-26598238
NSE Symbol: BSL BSE Scrip Code: 514045
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("SEBI Listing Regulations")
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
we wish to inform that the Company has entered into agreements for acquisition of 23,50,000 equity shares,
constituting 26% of the equity share capital of Bhadla Minigrid Solar 5 Private Limited, a special purpose
vehicle established for owning and operating ·a captive power plant, in compliance with the requirements
stipulated under the applicable electricity laws for captive power consumption.
The details required to be disclosed pursuant to Regulation 30 of the SEBI Listing Regulations read with
applicable SEBI Circular(s), as amended from time to time, are enclosed as Annexure.
This is for your information and record.
Thanking You,
Yours Faithfully,
For BSL Limited
Shubham Jain
Company Secretary
M. No.: ACS-49973
Tested for harmful substances
according to Oeko•Tex Standard 100
No. 09.HIN.68375 Hohenstein
Annexure-A
DETAILS OF ACQUISITION
S. No. Particulars Details
I Name of the target entity, details in brief such Bhadla Minigrid Solar 5 Private Limited (Bhadla
as size, turnover etc. Minigrid) is a company incorporated in India on
31.01.2025. Bhadla Minigrid was incorporated to carry
on, inter-alia, the business of renewable energy and
generation of electrical power by conventional and non-
conventional methods, in the field of Renewable
Energy. Brief details such as size and turnover of
Bhadla Minigrid are not relevant as it is a newly
incorporated company and yet to start its operations.
2 Whether the acquisition would fall within The proposed acquisition does not fall under related
related party transaction (s) and whether the party transactions. The promoter/promoter group/group
promoter/promoter group/group companies companies have no interest in the target entity.
have any interest in the entity being acquired?
If yes, nature of interest and details thereof and
whether the same is done at "arm's length"
3 Jndustry to which the entity being acquired Power Generation
belongs
4 Objects and effects of acquisition (including but To augment captive renewable energy capacity of up
not limited to, disclosure of reasons for to 4.4 MW AC/ 6.5 MW DC+ 4.92 MWH BESS for its
acquisition of target entity, if its business is plants located at Mandpam, Bhilwara through a
outside the main line of business of the listed qualifying Solar captive project, ensuring long-term
entity). cost efficiency and sustainability.
5 Brief details of any government or Not applicable
regulatory approvals required for the
acquisitions.
6 Indicative time period for completion of the 4 Months
acquisition.
7 Consideration - whether cash consideration or Cash consideration
share swap or any other form and details of the
same.
8 Cost of acquisition and/or the price at which Acquisition of 23,50,000 Equity Shares of Rs. I 0/-
the shares are required each. Total Equity investment of Rs. 2.35 Crore.
9 Percentage of shareholding/control acquired 26% Equity Shares
and/or number of shares acquired.
10 Brief background about the entity acquired in Bhadla Minigrid Solar 5 Private Limited is a special
terms of products/line of business acquired, purpose vehicle ("SPY") for setting up 4.4 MW AC/ 6.5
date of incorporation, history of last 3 years MW DC + 4.92 MWH BESS solar power project, on a
turnover, country in which the acquired entity captive basis, at Setrawa, Phalodi District Jodhpur,
has presence and any other significant Rajasthan.
information (in brief).
Date of incorporation: 31st January, 2025
Turnover (last three years): NIL
Country: India