BSECompany Update31 Oct 2026 · 31 Oct 2026, 11:42 pm
As per attached file.
Shree Ajit Pulp And Paper Ltd · 538795
✦ AI Summary▲ PositiveExpansion
Shree Ajit Pulp And Paper Ltd has announced the installation of a 10 MW and 7 MW Solar Power Plant Project for unit 1 and unit 2 respectively at District: Valsad, Gujarat. The estimated project cost is ₹62.00 crore and the company will be availing a term loan facility aggregating up to ₹50.00 crore.
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Full Announcement
Shree Ajit Pulp And Paper Ltd - 538795 - Intimation Under Regulation 30 Of Securities And Exchange Board Of Lndia (Tisting Obligations And Disclosure Requirements) Regulations, 2015 - Lnstallation Of A"10 MW And 7 MW Solar Power Plant Project For Unit 1 And Unit 2 Respectively At District: Valsad.
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Friday, t4 August, 2026
BSE Limited
Corporate Relationship Department,
Phiroze Jeejeebhoy Towers,
Dalal Streat, Mumbai - 400001
BSE Scrip Code: 538795
Sub: tntimation under Regulation 30 of Securities and Exchange Board of lndia (tisting Obligations and
Disclosure Requirements) Regulations, 2015 - lnstallation of a"10 MW and 7 MW Solar Power Plant Project for
unit 1 and unit 2 respectively at District: Valsad.
Dear Sir / Ma'am,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
("Listing Regulations"), we hereby inform you that Shree Ajit Pulp and Paper Limited, prominent Kraft Paper
Manufacturing Company in lndia, is taking a significant step towards sustainable energy by implementing
installation of a 10 MW and 7 MW Solar Power Plant Project for unit 1 and unit 2 respectively in Gujarat. This
initiative marks a crucial milestone in our dedication to clean energy practices and environmental stewardship.
The proposed solar power plant will be situated in Gujarat in a strategic move to harness sustainable energy
sources and mitigate and reduce electricity costs, our manufacturing unit in Vapi has embarked on a captive
investment in solar infrastructure, poised to significantly offset the electricity expenses incurred during the
production process.
The estimated project cost is of < 62.00 crore (Rupees Sixty-Two Crore only) and we are availing a term loan
facility aggregating up to 1 50.00 crore (Rupees Fifty Crore only). lnstallation of Solar Power Plant at unit 1 will
be completed by end of this Financial Year and unit 2 will be complete in next Financial Year.
We will keep the market updated on the performance of Solar Plant through periodic disclosures in compliance
with regulatory requirements. Any material developments regarding the solar plant's operations, production, or
financial impact will be promptly c communicated to the stock exchange
We request you to take the above information on record.
Thanking you.
For Shree Ajit Pulp and Paper timited
Gautam D. Shah
Chairman and Managing Director
DIN:00397319
SHREE AJIT PULP
AND PAPER LIMITED
(ffice
Regd. : UNIT.I : UNIT-II:
Survey No. 239, Near Morai Crossing, Survey No. 239, Mllage Salvav, 106, 102 108P & 1058 Plot No 1, Plot No. 1/8, Phase-I,
Village Sahav, Via-Vapi, Dist. Valsad, Morai, Near Morai Railway Crossing, GIDC, Vapi, Dist. Valsad,
Pin.: 396 191, Gujarat, India. Via-Vapi, Pin.: 396 191, Dist. Valsad, Gujarat, India, Vapi, 396195, Gujarat, India.
Tel.: +91 260 6635700 Email : shreeajit@shreeajit.com
Facsimile : +91 260 2437090 Website : www.shreeajit.com
CIN : 121010G11995P1C025135