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Rallis India Ltd — Capital/Financing Update 2025
Jan 17, 2025
61808_rns_2025-01-17_88221577-3313-468e-bd49-70aa3e268023.pdf
Capital/Financing Update
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January 17, 2025
BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400 001 Scrip Code: 500355
National Stock Exchange of India Limited Exchange Plaza Bandra-Kurla Complex Bandra (E) Mumbai – 400 051 Symbol: RALLIS
Dear Sir/Madam,
Sub: Intimation under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), this is to inform you that the Company at its Board meeting held today, has decided to set up a Solar power plant to supply renewable energy to its manufacturing units with an estimated capital expenditure amount in the range of Rs. 20 - 27 crore (excluding taxes as applicable) for the said project. This move towards sustainable renewable energy source would help to reduce electricity cost and carbon footprint.
The meeting of the Board of Directors commenced at 2.45 p.m. and concluded at 4.43 p.m.
This is also being made available on the website of the Company at www.rallis.com.
This is for your information and records.
Thanking you,
Yours faithfully, For Rallis India Limited
SRIKANT Digitally signed by SRIKANT SHIVDAS SHIVDAS NAIR Date: 2025.01.17 NAIR 17:30:41 +05'30' Srikant Nair
Company Secretary & Compliance Officer
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