NSEAgreements23 Jun 2026 · 23 Jun 2026, 10:50 pm
Agreements
Rajshree Polypack Limited · RPPL
✦ AI Summary▲ PositiveExpansion
Rajshree Polypack Limited has completed its investment in Jamnagar Renewables Two Private Limited, acquiring 0.7599% equity for Rs. 2.02 crore. This investment is part of a Group Captive Wind-Solar Hybrid power arrangement, fulfilling a previously disclosed term sheet. The transaction aims to secure renewable power procurement benefits and ensure compliance with applicable electricity laws for the company's operations.
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Earnings Impact7/10
Growth Catalyst7/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment7/10
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Rajshree Polypack Limited has informed the Exchange about Agreements
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RPPL_23062026224856_RPPL_Disclosures_Reg_30.pdf
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Date: 23 June 2026
Listing Department
National Stock Exchange of India Limited,
Exchange Plaza, Plot No. C-1, Block G,
Bandra Kurla Complex,
Bandra (E), Mumbai - 400051
Symbol/Series: - RPPL/ EQ
Dear Sir/Ma’am,
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Update to disclosure dated
December 18, 2025
Further to the disclosure dated 18 December 2025 regarding execution of the Term Sheet with
Jamnagar Renewables Two Private Limited ("Power Producer") for sourcing renewable power
under a Group Captive Wind–Solar Hybrid power arrangement, we wish to inform you that the
Company has today i.e., June 23, 2026, completed its investment in the Power Producer pursuant
to the Share Purchase and Shareholders Agreement and other definitive agreements executed in
connection with the said project.
Accordingly, the Company has remitted an aggregate consideration of Rs. 2,02,52,100/- towards
subscription / acquisition of 20,25,210 equity shares representing 0.7599% stake in the Power
Producer, in accordance with the terms of the definitive agreements. The details required under
Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 are set out in Annexure A hereto.
This disclosure is being made pursuant to Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
Kindly take the above information on record.
For Rajshree Polypack Limited
Ramswaroop Radheshyam Thard
Chairman and Managing Director
DIN: 02835505
Place: Thane
Encl.: As above
ANNEXURE A
Details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations read with SEBI Master Circular dated 30 January 2026,
bearing reference no. SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
Particulars Details
a. Name(s) of parties to the 1. Rajshree Polypack Limited ("Captive User" /
agreement “Company”)
2. Jamnagar Renewables Two Private Limited ("Power
Producer")
3. Continuum Green Energy Limited ("Promoter of Power
Producer")
b. Purpose of entering into the To regulate the rights and obligations of the parties in
agreement relation to Company's shareholding in Jamnagar
Renewables Two Private Limited and to facilitate
compliance with captive power plant requirements under
applicable electricity laws.
c. Size of the agreement Acquisition of 20,25,210 equity shares of Jamnagar
Renewables Two Private Limited by the Company.
d. Shareholding / investment The Company will acquire and hold 0.7599% of the equity
involved, if any share capital of Jamnagar Renewables Two Private Limited
upon completion of the transaction.
e. Significant terms of the Share Purchase and Shareholders Agreement (SPA/SHA)
agreement (in brief) governing acquisition of equity shares by the Company,
rights and obligations of shareholders, maintenance of
captive user structure, governance rights, transfer
restrictions, and other customary shareholder protections
and obligations.
f. Whether, the said parties are Jamnagar Renewables Two Private Limited and Continuum
related to promoter/promoter Green Energy Limited are not related to the
group/ group companies in any promoter/promoter group/group companies of Rajshree
manner. If yes, nature of Polypack Limited.
relationship
g. Whether the transaction No, the transaction does not fall within the ambit of a related
would fall within related party party transaction.
transactions? If yes, whether
the same is done at “arm’s
length”;
h. In case of issuance of shares Continuum Green Energy Limited shall transfer 20,25,210
to the parties, details of issue equity shares of face value ₹10/- each of Jamnagar
price, class of shares issued Renewables Two Private Limited to the Company.
l. Any other disclosures related The transaction is intended to secure captive power
to such agreements procurement benefits in accordance with applicable
electricity laws and regulations.