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Sumeet Industries informs about outcome of board meeting

15 Dec 2025 Evaluate

Sumeet Industries has informed that the Board has considered and approved the execution of a definitive agreement in connection with the Company’s strategic investment and participation in captive renewable energy projects, in line with the Company’s commitment to sustainable energy sourcing and compliance with applicable electricity laws at its meeting held today, December 15, 2025, has, approved to acquire up to 26% of Equity Share capital in Bajrang Green Energy One with an investment of Rs. 26.00 Lakhs ( Twenty Six Lacs only). This project will enable the Company to access 4.20 MW of Renewable Wind Energy and this investment is being done in order to comply with regulatory requirement for Captive Consumption of Power under Indian Electricity Laws and the Policy of the Government. This acquisition will result in lower electricity costs, ensure a reliable green power supply and getting carbon credits thereby promotes sustainable ESG. 

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

Sumeet Inds Share Price

30.62 0.52 (1.73%)
17-Apr-2026 16:59 View Price Chart
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