Borosil Renewables receives capital subsidy of Rs 14.21 crore from MEITY

Borosil Renewables Ltd. | Glass | Construction & Infrastructure | BSE: 502219 | NSE: BORORENEW

28 Nov 2025 Evaluate

Borosil Renewables has received a capital subsidy of Rs 14.21 crore from Ministry of Electronics & Information Technology (MEITY) under the Modified Special Incentive Package Scheme of MEITY. With this, the company has received an aggregate capital subsidy of Rs 106.53 crore from MEITY over the last 2 years against the last expansion leaving a marginal amount expected further.

Borosil Renewables is engaged in the production of low iron textured solar glass used in the manufacturing of solar photovoltaic modules in the power sector.

Peers

Company Name	CMP
Asahi India Glass	964.90
Borosil Renewables	459.80
Borosil Scientific	115.60
Haldyn Glass	145.30
Sejal Glass	679.70
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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