BSECompany Update1d ago · 19 Oct 2026, 05:40 pm
Intimation of Press Release - Aartech Solonics Limited''s Wholly Owned Subsidiary - Faradigm Ultracapacitors Pvt. Ltd. signs MoU with Shenzhen Titan Smart Energy Technology Co. Ltd. to explore Energy Storage Cooperation in India
Aartech Solonics Ltd · 542580
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Aartech Solonics' wholly-owned subsidiary, Faradigm Ultracapacitors, has signed a MoU with Shenzhen Titan Smart Energy Technology to explore energy storage cooperation in India, focusing on Lithium Iron Phosphate (LFP)-based Battery Energy Storage Systems.
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Aartech Solonics Ltd - 542580 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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AABIEC1l SOTONICS tI MIIID
Livi6g Passion Through Engineering
Date: October 19, 2026
To, To,
National Stock Exchange of lndia Limited BSE Limited
Exchange Plaza, Plot No. C/1, G-Block Listing Oepartment
Bandra Kurla Complex, Bandra (E) Phiroze Jeejeebhoy Towers
Mumbai - 400 051 Dalal Street, Mumbai - 400 001
NSE Symbol: AARTECH BSE Scrip Code: 542580
ggE Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 - Press Release regarding MoU entered lnto by Faradigm Ultracapacltors Pvt. Ltd.,
wholly owned subsidiary of the Company "Aartech Solonics Limited"
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listang Obligations and Disclosure Requirements) Regulations, 2015
("Listing Regulations"), please find enclosed herewith a press release issued by the Company in relation to
the Memorandum of Understanding (MoU) entered into by Faradigm Ultracapacitors Pvt. Ltd., a wholly
owned subsidiary of Aartech Solonics Limited, with Shenzhen Titan Smarl Energy Technology Co., Ltd.,
China, to explore strategic cooperation in advanced energy storage solutions and the development of
localized manufacturing and assembly capabilities in lndia.
The press release provides further details regarding the proposed areas of cooperation, including LFP-based
Battery Energy Storage Systems, potential manufacturing and technology licensing opportunities, and the
planned manufacturing facility of Faradigm Ultracapacitors Pvt. Ltd. at the Renewable Energy Manufacturing
Cluster at Mohasa-Babai, lvladhya Pradesh.
We request you to kindly take the above information and the enclosed press release on record.
Thanking you,
Yours faithfully,
For Aartech Solonics Limited
CSKRTanujReddy
Company Secretary & Compliance Officer
Encl.l Press Re/ease
Address: Phone : Email :
Registered oftice :'Ashirwad', E-2l52 Arera Colony, +91-99930 91167 inf o@aartechsolonics.com
Bhopal, l'ladhya Pradesh, lndia - 462016 +91-75899 24734 compliance@aartechsolonics.com
Unit s I : 354/36, Sector-B, lndustrialArea, Mandideep, Fixed Line : CIN:
District Raisen, Madhya Pradesh, lndia - 462046 +91-755.2463595 L31200MP1982PLC002030
Unit # 2 : Near Him Cold Storage, Sector-lA, Parwanoo, Website:
District Solan, Himachal Pradesh, lndia - 17J220 www.aartechsolonics.com
PRESS RELEASE
Aartech Solonics Limited’s Wholly Owned Subsidiary - Faradigm Ultracapacitors Pvt. Ltd. Signs
MoU with Shenzhen Titan Smart Energy Technology Co. Ltd. to explore Energy Storage Cooperation
in India
Bhopal, India | October 19, 2026: Faradigm Ultracapacitors Pvt. Ltd., a wholly-owned subsidiary of
Aartech Solonics Limited, has signed a Memorandum of Understanding (MoU) with Shenzhen Titan Smart
Energy Technology Co. Ltd., China, to explore strategic cooperation in advanced energy storage solutions
and the development of localized manufacturing and assembly capabilities in India.
The proposed collaboration will bring together Titan’s expertise in energy storage technology and
manufacturing with Faradigm and Aartech’s industry experience, market presence and planned
manufacturing infrastructure in India. The initiative is aimed at exploring solutions suited to the growing
requirements of commercial, industrial and other energy storage applications in the country.
A key enabler of this vision is FaraDigm’s upcoming manufacturing facility at the Renewable Energy
Manufacturing Cluster at Mohasa-Babai, Madhya Pradesh, which is planned to commence operations
in FY 2027–28. The facility is expected to strengthen the company’s capabilities in advanced energy
technologies and support the development of energy storage solutions and localized manufacturing
opportunities in India.
Address: Phone: Email:
Registered Office: ‘Ashirwad’, E-2/57, Arera Colony, +91-99930 91167 info@aartechsolonics.com
Bhopal, Madhya Pradesh, India – 462016. +91-73899 24734 compliance@aartechsolonics.com
Unit#1 : 35A/36, Sector-B, Industrial Area, Mandideep, Fixed Line: CIN of Company:
District Raisen, Madhya Pradesh, India – 462046. +91-755-2463593 L31200MP1982PLC002030
Unit#2 : Near Him Cold Storage, Sector-1A, Parwanoo, Website:
District Solan, Himachal Pradesh, India – 173220 www.aartechsolonics.com
The proposed cooperation will initially focus on Lithium Iron Phosphate (LFP)-based Battery Energy
Storage Systems (BESS), covering capacities from 100 kWh to 5 MWh, including Commercial and
Industrial (C&I) energy storage applications and integrated hybrid solutions combining solar power,
diesel generators and battery storage. Plans to enter into Utility Scale projects are currently under review.
The partnership will explore manufacturing and technology licensing opportunities with the objective of
addressing India’s growing demand for reliable, efficient, and sustainable energy storage solutions.
Driven by plummeting lithium-ion costs and stringent green mandates, India’s Commercial and
Industrial (C&I) BESS opportunity is transitioning from a sub-1 GWh base in 2025 to a massive 22–31 GWh
projected capacity by 2032, capturing a sub-market CAGR of 36.2% (contributing heavily to a broader
national sector projected to grow at a 91% CAGR up to 302 GWh by FY32).
Aartech Solonics Limited’s participation in the MP Solar + Storage Expo 2026 further reflects the
company’s interest in understanding emerging technologies and exploring opportunities in the energy
storage sector.
About Faradigm Ultracapacitors Pvt. Ltd.
Faradigm Ultracapacitors Pvt. Ltd. is a wholly owned subsidiary of Aartech Solonics Limited, an Indian
engineering company with over four decades of experience in specialized electrical and power solutions.
Faradigm is focused on advanced energy storage technologies and aims to contribute to the
development of innovative and sustainable energy solutions.
About Shenzhen Titan Smart Energy Technology Co., Ltd.
Shenzhen Titan Smart Energy Technology Co., Ltd. is a China based energy storage technology company
engaged in research and development, intelligent manufacturing, and digital operation and maintenance
of energy storage systems for global markets. The company reports a portfolio of more than 300 projects,
cumulative deployments exceeding 3GWh, and over 200 proprietary patents and intellectual property
assets in the energy storage domain.
Address: Phone: Email:
Registered Office: ‘Ashirwad’, E-2/57, Arera Colony, +91-99930 91167 info@aartechsolonics.com
Bhopal, Madhya Pradesh, India – 462016. +91-73899 24734 compliance@aartechsolonics.com
Unit#1 : 35A/36, Sector-B, Industrial Area, Mandideep, Fixed Line: CIN of Company:
District Raisen, Madhya Pradesh, India – 462046. +91-755-2463593 L31200MP1982PLC002030
Unit#2 : Near Him Cold Storage, Sector-1A, Parwanoo, Website:
District Solan, Himachal Pradesh, India – 173220 www.aartechsolonics.com