Dear Sir/Madam,\r\nPursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform you that the Board of Directors of the Company at its meeting held today i.e., 12th March 2026 has approved the following:\r\n- Equity Investment of upto Rs.87 crores, in one or more tranches, for minimum 26% equity stake in one or more Special Purpose Vehicles, to be created for setting up a Renewable Energy Power project for its Bharuch Plant; and\r\n- proposal for incurring capital expenditure of upto to Rs. 130 crores, towards related infrastructure development.