Privi Speciality Chemicals Ltd - 530117 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
As previously informed, the Board of Directors had approved investment in Solar Power Project, by way of Equity participation through a Special Purpose Vehicle (SPV) to the extent of 26% of the Share Capital of the SPV subject to finalisation of the terms and conditions with the proposed SPV. The Company has now entered into a Power Purchase agreement (PPA) dated December 28, 2022, and a Share Subscription and Shareholders Agreement (SSSHA) dated December 28, 202228-12-2022