Bhageria Industries Infuses ₹140 Crore into Subsidiary for Solar Power Expansion

Mumbai, February 1, 2025 – Bhageria Industries Limited (NSE: BHAGERIA, BSE: 530803) has announced a significant ₹140 crore fund infusion into its wholly owned subsidiary, Rahuri Cleantech Private Limited, to support the development of solar photovoltaic power generating stations under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.

Key Highlights:​

• Total Fund Infusion:₹140 crore
  • ₹40 crore through an Inter-Corporate Loan.
  • ₹100 crore via a Corporate Guarantee.
• Project Capacity: 32 MW (AC).
• Objective: Expansion of solar energy infrastructure.

The Board of Directors and Audit Committee of Bhageria Industries approved this strategic move in a meeting held on February 1, 2025. The company emphasized that a formal agreement will be executed, and additional disclosure details will be submitted to the exchanges in compliance with SEBI regulations.

This investment aligns with Bhageria Industries’ commitment to renewable energy, strengthening its position in the solar power sector and contributing to India's clean energy transition.

The company's shares are expected to reflect this development as investors assess its long-term impact on financials and growth strategy.