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Pursuant to Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Orient Cement has informed that the Company has entered into Share Subscription and Shareholders' Agreement with Ardeur Renewables and Cleantech Solar India OA 2 on July 21, 2023 for acquisition of 28.52% stake in the share capital of Ardeur Renewables for putting up two solar power plants with capacity of 16MWdc in Karnataka (Project 1) and capacity of 5.5MWdc in Maharashtra (Project 2), under Captive Scheme.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Ultratech Cement 11100.00
Ambuja Cements 384.75
ACC 1236.65
Shree Cement 22342.90
Dalmia Bharat 1698.10
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