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APAR Industries informs about outcome of board meeting

18 Mar 2026 Evaluate
APAR Industries has informed that the Board of Directors of the Company at its meeting held today, March 18, 2026 have considered and approved the following transactions i. Additional investment in its Wholly Owned Subsidiary namely APAR USA LLC (Formerly CEMA Wires & Cables LLC), USA, by making further capital contribution of an amount not exceeding USD 5 mio. ii. Proposed Shareholders’ Agreement and Energy Supply Agreement and other relevant agreements for availing another wind and solar hybrid power generation facilities with additional investment upto Rs 10.76 crores in its Associate Company namely Clean Max Rudra. The details as required as per the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is annexed as Annexure 1 & 2. The same is also available on the Company’s website at www.apar.com. The Board meeting commenced at 14:32 hours (IST) and concluded at 14:45 hours (IST).

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

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