Saint-Gobain Sekurit India Ends Power Purchase And Share Deal With Radiance MH
Saint-Gobain Sekurit India Limited has mutually terminated its renewable energy agreements with Radiance MH Sunrise Thirteen Private Limited, originally executed on August 6, 2025, for solar power sourcing. The company has confirmed that this termination will have no material impact on its financial performance or operations, with full regulatory compliance maintained throughout the process.

*this image is generated using AI for illustrative purposes only.
Saint Gobain Sekurit India Limited has announced the termination of its renewable energy agreements with Radiance MH Sunrise Thirteen Private Limited through mutual consent on April 9, 2026. The decision marks the end of a partnership that was established for sourcing solar power through dedicated generation facilities.
Agreement Details and Background
The terminated agreements consisted of both a Power Purchase Agreement and Share Subscription Agreement that were originally executed on August 6, 2025. These agreements were specifically designed for sourcing renewable energy through solar power generation and Intra-State Transmission System (InSTS) solar power generation plants.
| Parameter: | Details |
|---|---|
| Agreement Type: | Power Purchase Agreement and Share Subscription Agreement |
| Original Execution Date: | August 6, 2025 |
| Termination Date: | April 9, 2026 |
| Nature of Termination: | Mutual consent |
| Purpose: | Renewable energy sourcing (Solar/InSTS) |
| Parties Involved: | Saint-Gobain Sekurit India Limited and Radiance MH Sunrise Thirteen Private Limited |
Regulatory Compliance and Disclosure
The termination was disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Saint-Gobain Sekurit India Limited had previously made intimations regarding these agreements on October 28, 2024, May 16, 2025, and August 6, 2025, maintaining transparency with stakeholders throughout the agreement lifecycle.
The company's disclosure references the SEBI Master Circular bearing Ref. No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, ensuring full compliance with current regulatory requirements. The formal communication was signed by Naresh Sharma, Company Secretary with Membership No. F7969.
Financial and Operational Impact
Saint-Gobain Sekurit India Limited has explicitly stated that the termination of these agreements will have no material impact on the company's financials or operations. This assessment suggests that the company has alternative arrangements in place or that the agreements represented a relatively small portion of its overall energy sourcing strategy.
The mutual consent nature of the termination indicates an amicable resolution between both parties, potentially allowing for future collaboration opportunities in the renewable energy sector. The company has ensured proper market disclosure protocols were followed in communicating this development to stakeholders.
Historical Stock Returns for Saint Gobain Sekurit
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.27% | -5.38% | +4.56% | -9.90% | -10.10% | +35.33% |
What alternative renewable energy sourcing strategies will Saint-Gobain Sekurit India pursue following this termination?
How might this agreement termination affect Radiance MH Sunrise Thirteen's solar project pipeline and future partnerships?
Will Saint-Gobain Sekurit India accelerate its own captive renewable energy capacity development plans?


































