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Sumeet Industries board approves acquisition of minor stake in renewable energy company
(15 Dec 2025)

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The board of Sumeet Industries at its meeting held on 15 December 2025 has approved to acquire up to 26% of equity share capital in Bajrang Green Energy One with an investment of Rs. 26 lakh.

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.

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Arihant Capital Markets Limited is a SEBI registered stock broker and depository participant. SEBI Registration number: INZ000180939, Member of NSE:07839; BSE :313; NSDL - IN-DP-127-2015 DP ID-IN301983; CDSL DP ID-43000; NCDEX - 01274; MCX - 56565; AMFI - ARN 15114; AMFI-registered Mutual Fund Distributor; ARN registration year - 2004; ARN validity up to- 18/12/2028; SEBI Merchant Banking Reg. No. - MB INM000011070; SEBI Research Analyst Reg. No. - INH000002764 (BSE RA Enlistment No. 5168) . Registered Address: 601, Atlantis Tower, Plot No. 13 A, Scheme N0. 78, Indore 452010 (MP). Corporate office address: #1011 Solitaire Corporate Park, Andheri Ghatkopar Link Road, Chakala, Andheri (E), Mumbai - 400093. CIN: L66120MP1992PLC007182.

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Issued in the interest of investors

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