Investment16 May 2025, 05:03 pm
Saint Gobain Sekurit India Ltd Revises Investment to $2,45,52,000 in Radiance MH Sunshine Two for Green Power Sourcing
AI Summary
Saint Gobain Sekurit India Ltd has revised its investment in Radiance MH Sunshine Two Private Limited from $2,45,34,000 to $2,45,52,000 towards sourcing of green power. The agreement is for sourcing renewable energy and intra-state transmission system solar power generation plant. The Board of Radiance will be responsible for compliance with the Companies Act and rules. The parties are not related to the Promoter/Promoter Group/Group Companies. The Company will execute the Agreement on completion of the statutory requirements.
Key Highlights
- Saint Gobain Sekurit India Ltd revised its investment to $2,45,52,000 in Radiance MH Sunshine Two Private Limited
- The investment is towards sourcing of green power and solar power generation plant
- The Board of Radiance is responsible for compliance with the Companies Act
- The parties are not related to the Promoter/Promoter Group/Group Companies
- The Company will execute the Agreement on completion of the statutory requirements