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Pyramid Technoplast Limited — Capital/Financing Update 2024
Aug 29, 2024
59722_rns_2024-08-29_1b66c353-aec9-4767-9cac-fabc45203e16.pdf
Capital/Financing Update
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SEC: 33/2024-25 Date: August 29, 2024
National Stock Exchange of India Ltd.
BSE Limited
Exchange Plaza, 5[th] Floor, 1[st] Floor, New Trading Ring, Plot No. C/1, G Block, Rotunda Bldg., P. J. Towers, Bandra- Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai – 400 051 Mumbai 400 001
Symbol: PYRAMID Scrip Code: 543969
Through: NEAPS Through: BSE Listing Centre
Dear Sir/Madam,
Sub: 2.25 MWdc Solar PV project in Maharashtra & 13 MWdc Solar PV project in Gujrat.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company is proposed to undertake 2.25 MWdc Solar PV project in Maharashtra & 13 MWdc Solar PV project in Gujrat.
The details of the aforesaid project as required under Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123, dated July 13, 2023, are enclosed as Annexure-I .
You are requested to take the same on record.
Thanking you, Yours faithfully, For Pyramid Technoplast Limited, ZOYA Digitally signed by ZOYA JAHUR JAHUR SHAIKH Date: SHAIKH 2024.08.29 15:15:57 +05'30'
Zoya Jahur Shaikh
Company Secretary & Compliance Officer ACS 65907
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Annexure-I
| Sr.No | Particulars | Maharashtra | Gujrat |
|---|---|---|---|
| 1. | Name of the entity to whichorder(s)/contract(s)is awarded | Bhageria Green EnergyLimited | Solutions Private |
| 2. | Whether order(s) / contract(s) isawarded to domestic/ internationalentity | Domestic | |
| 3. | Significant terms and conditions oforder(s)/contract(s) awarded, in brief | For design,engineering,procurement, erection,testing &commissioningincluding requiredpower evacuationsystem, land, and solarPV Modules 2.25MWdc solarphotovoltaic powerplant in Maharashtra. | For design,engineering,procurement, erection,testing &commissioningincluding requiredpower evacuationsystem, land, and solarPV Modules 13MWdc solarphotovoltaic powerplant in Gujrat. |
| 4. | Time period, if any, associated with theorder(s)/contract(s); | The proposedcommissioning datewill be January 31,2025. | The proposedcommissioning datewill be May 31, 2025.In case of delay incommissioning beyondMay 31, 2025, theLiquidatedDamages shall beapplicable. |
| 5. | Broad commercial consideration orsize of the order(s)/contract(s) | Total Project Valueincluding Land, GridInfra and EPC is INR8.55 Crore. GST is notincluded in the givenprice and shall be extraat actuals. Any othertaxes and duties willbe extra at actual (if,applicable). | Total EPC Price isINR 42.90 Crore. GSTis not included in thegiven price and shallbe extra at actuals.Any other taxes andduties will be extra atactual (if,applicable).A total of 40 acres ofland shall bepurchased for thisproject. The cost of theland is not included inthe above-mentionedEPC Cost. |
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| 6. | Whether the promoter/ promotergroup/group Companies have anyinterest in that entity to whom theorder(s)/contract(s) is awarded? If Yes,nature of interest and details thereof | No | No |
|---|---|---|---|
| 7. | Whether the same would fall withinrelated party transactions? If yes,whether the same is done at “arm’slength”. | No | No |
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