New Launch13 Jan 2026, 05:11 pm
Happy Forgings Ltd Executes Lease Agreement for Land to Set Up Solar Power Plant
AI Summary
Happy Forgings Ltd has executed a long-term lease agreement for land required for setting up a solar power plant. The agreement is for 29 years and 11 months for land of approximately 80 acres situated at tehsil and district Muktsar, Punjab. The parties involved are not related to the promoter, promoter group, or group companies, and the transaction does not fall under related party transactions.
Key Highlights
- Happy Forgings Ltd has executed a long-term lease agreement for land to set up a solar power plant.
- The agreement is for 29 years and 11 months for land of approximately 80 acres situated at tehsil and district Muktsar, Punjab.
- The parties involved are not related to the promoter, promoter group, or group companies.
- The transaction does not fall under related party transactions.
- This move is a part of the company's new launch and expansion strategy.