Investment11 Feb 2026, 01:39 pm
Maris Spinners Ltd Authorizes Solar Power Purchase Agreement with Neo Green Power
AI Summary
The Board of Directors of Maris Spinners Ltd, at its meeting held on 11th February 2026, authorized Mr. Harigovind, Wholetime Director, to negotiate and finalize a solar power purchase agreement with Neo Green Power Generation Pvt Ltd. The agreement is for the purchase of solar power from their plant in Karnataka for Unit 1, Mysore. The investment in equity shares for this purpose will not exceed Rs. 50 Lakhs.
Key Highlights
- Maris Spinners Ltd to negotiate and finalize a solar power purchase agreement with Neo Green Power Generation Pvt Ltd.
- The agreement is for the purchase of solar power from their plant in Karnataka for Unit 1, Mysore.
- The investment in equity shares for this purpose will not exceed Rs. 50 Lakhs.