In terms of the provisions of Regulation 30 (read with Part A of Schedule III) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Force Motors has informed that the Board of Directors at its meeting held today, on 12th December 2023, has considered/ approved, consented to acquire 12.21% shares in TP Surya, a wholly owned subsidiary of Tata Power Renewable Energy, Mumbai, in respect of procurement of Solar Power from a specific Solar Plant, to be established by TP Surya under Open Access Mode subject to closing adjustments. The disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Part A of Schedule III of the aforesaid regulations, is attached as per ‘Annexure A’. The meeting of the Board of Directors commenced at 04:45 pm and concluded at 05:00 pm.
The above information is a part of company’s filings submitted to BSE.
