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Kaka Industries informs about disclosure

04 Dec 2023 Evaluate

Kaka Industries has informed that the company has entered into a definite proposal to install Solar Power Plant with a capacity of 1300 KW over Roof Top at its Manufacturing Plant located at Village-Lasundra, Kathlal, Gujarat to be met its internal accruals. The solar power plant, projected to have an approximate lifespan of 25 years, represents a pivotal step in KAKA's journey towards sustainable and eco-friendly manufacturing practices. This means the company is poised to realize substantial electricity cost savings for the subsequent 21 years. The project is scheduled to be fully commissioned by the end of January, marking the beginning of tangible benefits in the fiscal year 2024-25.

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

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