BSECompany Update23h ago · 15 Oct 2026, 06:36 pm
Intimation regarding Solar Power Purchase Agreement.
Suprajit Engineering Ltd-$ · 532509
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Suprajit Engineering Ltd has entered into a Power Purchase Agreement with Amplus Green Power Private Limited to source solar power as a captive consumer from a solar power plant in Uttar Pradesh, with an investment of Rs. 38,40,000 in one or more tranches.
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Suprajit Engineering Ltd-$ - 532509 - Intimation Regarding Solar Power Purchase Agreement
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October 15, 2026
SEL/SEC/2026-2027/40
BSE Limited National Stock Exchange of India Ltd
Department of Corporate Services Exchange Plaza, C-1, Block-G,
P. J. Towers, 25th Floor, Dalal Street, Bandra Kurla Complex, Bandra (E)
Mumbai- 400 001 Mumbai- 400 051
Ref: 532509 Ref: SUPRAJIT
Dear Sir/Madam,
Sub: Power Purchase Agreement (“PPA”) with Amplus Green Power Private Limited
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”), we wish to inform you that:
The Company has entered into (i) Power Purchase Agreement (“PPA”) with Amplus Green
Power Private Limited (ii) Share Acquisition and Shareholders’ Agreement (“Agreement”) with
Amplus Energy Solutions PTE Ltd. and Amplus Green Power Private Limited for an investment
of Rs.38,40,000 in one or more tranches, for subscription of minimum 26% (along with other
captive users) of its Securities i.e. equity share capital on October 15, 2026 to source solar
power as a captive consumer from the solar power plant located in the State of Uttar Pradesh.
Under this arrangement, the Company will participate as a captive consumer in the solar power
project located in Uttar Pradesh. The captive users will collectively hold the requisite minimum
26% equity share capital of the relevant project company.
The arrangement is expected to reduce the cost of electricity consumed at the Company’s
manufacturing facilities in Uttar Pradesh and increase the share of renewable energy in its
power consumption, thereby supporting its sustainability objectives.
The details as required under Regulation 30 of the Listing Regulations read with SEBI circular
No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are provided in the
Annexure-1 hereto.
The above information is for your records.
Thanking you
Yours faithfully
For Suprajit Engineering Limited,
Medappa Gowda J
CFO & Company Secretary
Annexure-1
Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read along with SEBI Circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123
dated July 13, 2023:
Sr. Particulars Details
1 Name of the target entity, details in brief such Amplus Green Power Private Limited
as size, turnover etc.
2 Whether the acquisition would fall within The proposed acquisition is not a related
related party transaction(s) and whether the party transaction(s) and the promoter /
promoter/ promoter group/ group companies promoter group companies have no
have any interest in the entity being acquired? interest in the proposed acquisition.
If yes, nature of interest and details thereof and
whether the same is done at “arm’s length”;
3 Industry to which the entity being acquired Power Generation
belongs;
4 Objects and effects of acquisition (including but In order to enhance its source of
not limited to, disclosure of reasons for renewable power supply.
acquisition of target entity, if its business is
outside the main line of business of the listed
entity);
5 brief details of any governmental or regulatory Not Applicable
approvals required for the acquisition;
6 indicative time period for completion of the The transaction is subject to customary
acquisition; conditions precedents and expected to
be completed within 4 Months.
7 Nature of consideration - whether cash Cash Consideration
consideration or share swap and details of the
same;
8 Cost of acquisition or the price at which the Investment of Rs. 38,40,000/- in one or
shares are acquired; more tranches, for subscription of
minimum 26% (along with other captive
users) Securities of Amplus Green Power
Private Limited i.e. equity share capital
9 Percentage of shareholding / control acquired minimum 26% (along with other captive
and / or number of shares acquired; users) Securities of Amplus Green Power
Private Limited i.e. equity share capital,
in one or more tranches