Common Contracts
1 similar Share Subscription and Shareholders Agreement contracts
Sub: Intimation - Share Subscription and Shareholders Agreement for acquisition of equity shares in Sunsure Solarpark Nineteen Private LimitedShare Subscription and Shareholders Agreement • September 19th, 2024
In terms of the subject referred regulations read with Para A of Part A of Schedule III, this is to inform that the Company along with The Kolhapur Steel Limited, its wholly owned subsidiary, have entered into a Share Subscription and Shareholders Agreement (SSHA) for acquisition of 26% of equity share capital (upto Rs. 50 Million) of Sunsure Solarpark Nineteen Private Limited (‘Sunsure Solarpark’). This investment is intended for the purpose of solar power captive consumption, as per the provisions of the Electricity Act, 2003.
