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Esab India Ltd. — Capital/Financing Update 2023
Aug 10, 2023
60891_rns_2023-08-10_a3c11750-dff5-46b1-bd97-0e6464e02b16.pdf
Capital/Financing Update
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| ESAB/SE/2023 | 10th August 2023 |
|---|---|
| ToBSE LimitedPJ TowersDalal StreetMumbai 400 001. | National Stock Exchange of IndiaLimitedExchange PlazaPlot No.01, G Block,Bandra-Kurla Complex. Sandra (E)Mumbai 400 051 |
Scrip Code :500133 / ESABINDIA
Sub: Equity Investment in a Special Purpose Vehicle (SPV) – Group Captive Consumption of renewable energy
Pursuant to regulation 30 of the SEBI (LODR) Regulations 2015, we wish to inform you that the Company proposes to procure the electricity generated through wind source, from a power generating company. In this connection, the Company proposes to invest 26% of equity in a Special Purpose Vehicle which will generate and supply wind power to the Company.
The Board of Directors at its meeting held on 10[th] August 2023 has approved an investment up to Rs.50 lakhs in the said Special Purpose Vehicle.
Please take the above on record and bring this to the notice of the members.
Thanking you,
Yours truly,
For ESAB India limited
Digitally signed by GANESHSINGH BALAJI DN: c=IN, o=ESAB INDIA LIMITED, ou=LEGAL AND SECRETARIAL, GANESHSIN pseudonym=0b3f7cbb1ff3b73b762a8bc3650071fc, 2.5.4.20=6AE2A04032BEBF83A5A5E665CE55A3C311A E43AC853D661EA7B2A0B59DB253ED, postalCode=600058, st=TAMIL NADU, serialNumber=a6232ab33d48868a0c768675942a3bf5 GH BALAJI 951849dd245dbca29cb3237c9429320d, cn=GANESHSINGH BALAJI Date: 2023.08.10 21:20:54 +05'30' G. Balaji Company Secretary
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Company : Telephone : ESAB INDIA LIMITED 91-(0)44 – 42281100 Plot No.13, 3rd Main Road, Fax : Industrial Estate, Ambattur, 91-(0)44 – 42281150 Chennai – 600 058
Registered Office : ESAB INDIA LIMITED Plot No.13, 3rd Main Road, Industrial Estate, Ambattur, Chennai – 600 058
Website: www.esabindia.com
CIN: L29299TN1987PLC058738