Esab India Ltd. — Capital/Financing Update 2024

Feb 8, 2024

8[th] February 2024

ESAB/SE/2024

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	To BSE Limited PJ Towers Dalal Street Mumbai 400 001.	National Stock Exchange of India Limited Exchange Plaza Plot 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 solar power 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 solar power to the Company.

The Board of Directors at its meeting held on 8[th] February 2024 has approved an investment up to Rs.1.52 crore 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 GANESHSIN GANESHSINGH BALAJI GH BALAJI Date: 2024.02.08 19:40:47 +05'30' G. Balaji Company Secretary

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