DMCC Speciality Chemicals Ltd Cancels Power Purchase Agreement, Enters Fresh Agreement with AMPYR Renewable Energy Resources Twelve A Private Limited

DMCC Speciality Chemicals Ltd has cancelled its Power Purchase Agreement with AMPYR Renewable Energy Resources Twelve B Private Limited due to a reduction in capacity of some other client. Both companies have decided to enter a new Agreement with AMPYR Renewable Energy Resources Twelve A Private Limited. The new Agreement includes a Power Purchase Agreement and a Shareholders’ Agreement, which were entered on August 11, 2025. The Company will make an initial investment of Rs. 83.34 lakhs in the new venture, which will give them a 1.94% shareholding in the target entity. The target entity is a Green Energy company incorporated in India during FY 2023-2024, with operations currently under process.