Rajshree Polypack Limited has secured a new order worth ₹2.07 Cr from a large domestic packaging manufacturer. The contract involves the supply of Plastic Rigid Sheets and is a repeat order from an existing customer. The company is expected to fulfil the order by August 2026 or as mutually agreed upon by the parties to meet the required size.

The order was awarded by a domestic entity listed on the Indian Stock Exchange, which is majorly owned by a Finland-based packaging giant. The transaction does not fall within related party transactions, and there is no interest of the promoter, promoter group, or group companies in the entity that awarded the order.

Order Details

The disclosure regarding the order was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The key particulars of the order are outlined below:

The intimation was submitted to the National Stock Exchange of India Limited on July 07, 2026, by Ramswaroop Radheshyam Thard, Chairman and Managing Director of Rajshree Polypack Limited.

Rajshree Polypack Limited has completed an investment of ₹2.02 Cr to acquire a 0.7599% stake in Jamnagar Renewables Two Private Limited. The transaction, finalized on June 23, 2026, involves the purchase of 20,25,210 equity shares and supports a Group Captive Wind-Solar Hybrid power arrangement. This strategic move aims to secure captive power procurement benefits in accordance with applicable electricity laws and regulations.

The investment was executed pursuant to a Share Purchase and Shareholders Agreement (SPA/SHA) signed with Jamnagar Renewables Two Private Limited and Continuum Green Energy Limited. Continuum Green Energy Limited, the promoter of the power producer, transferred the equity shares of face value ₹10 each to Rajshree Polypack Limited. The agreement governs the rights and obligations of the shareholders, maintenance of the captive user structure, governance rights, and transfer restrictions.

Transaction Details

The disclosure submitted to the National Stock Exchange of India Limited outlined the specifics of the agreement and the parties involved. The transaction does not fall within the ambit of a related party transaction, as Jamnagar Renewables Two Private Limited and Continuum Green Energy Limited are not related to the promoter or promoter group of Rajshree Polypack Limited.

Regulatory Context

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It serves as an update to a previous disclosure dated December 18, 2025, regarding the execution of the Term Sheet for sourcing renewable power. The definitive agreements ensure compliance with captive power plant requirements under applicable electricity laws.