New Launch31 Jan 2026, 04:17 pm
Advanced Enzyme Technologies to Collaborate for Group Captive Wind Power Plant
AI Summary
Advanced Enzyme Technologies Ltd. has approved a collaboration for setting up a Group Captive Wind Power Plant through a Special Purpose Vehicle (SPV) company. The company, along with other consumers, will invest in up to 26% equity stake in the proposed SPV as a Captive User for the said electricity power. This decision may lead to the discontinuation of the group captive Solar power project. The Board of Directors has also approved the Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended December 31, 2025.
Key Highlights
- Approval of collaboration for Group Captive Wind Power Plant through a Special Purpose Vehicle (SPV) company
- Company to invest in up to 26% equity stake in the proposed SPV as a Captive User for the said electricity power
- Possible discontinuation of the group captive Solar power project
- Approval of Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended December 31, 2025