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Abrasives & Bearings
Investment6 Feb 2026, 03:02 pm

Grindwell Norton Ltd. to Invest $11 Million in Sunsure Energy's SPV for Renewable Energy Sourcing

AI Summary

Grindwell Norton Ltd. has approved an investment of up to $11 Million in a Special Purpose Vehicle (SPV) of Sunsure Energy Private Limited. The SPV is for sourcing renewable energy through an Intra-State Transmission System based on solar power generation. The Board also approved the appointment of Mr. Girish T. Shajani as the Company Secretary, Compliance Officer, and Nodal Officer of the Company. The financial results for the quarter and nine months ended December 31, 2025, were also approved and will be published in newspapers accordingly.

Key Highlights

  • Grindwell Norton Ltd. to invest up to $11 Million in Sunsure Energy's SPV
  • Investment aimed at sourcing renewable energy through an Intra-State Transmission System
  • Appointment of Mr. Girish T. Shajani as Company Secretary, Compliance Officer, and Nodal Officer
  • Approval of financial results for the quarter and nine months ended December 31, 2025
GRINDWELL
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GRINDWELL NORTON LTD.-$

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