In view of Regulation 30(2) read with Part A of Schedule Ill, and other regulations of the SEBI (Listing Obligations and Disclosure Requirements) 2015, Solar Industries India has informed that the Board of Solar Industries India in their meeting held on June 6,2022 discussed and decided to do a strategic investment along with its Subsidiaries in Rajasthan Explosives and Chemicals, for the expansion of its manufacturing footprints in north India and has signed a non-binding term sheet in this regards. Rajasthan Explosives and Chemicals has its registered office in Delhi and its manufacturing facility is at Dholpur (Rajasthan).
The above information is a part of company’s filings submitted to BSE.
