Scoda Tubes Limited has secured approval from the Gujarat Energy Development Agency (GEDA) for establishing a ground-mounted solar project under the Gujarat Integrated Renewable Energy Policy-2025. The company informed stock exchanges about this significant development through a regulatory filing under Regulation 30 of SEBI Listing Regulations.

Project Specifications and Location

The approved solar project will have a capacity of 3 MW (AC)/3.8 MW (DC) and will be located at Survey no. 295, Village Mudana, Ta-Sidhpur, Dist-Patan, with Consumer No. 20301. The installation is designed as a captive generating plant for the company's own consumption needs.

Financial Investment and Cost Structure

The solar project represents a substantial investment for Scoda Tubes Limited, with detailed cost and generation projections outlined in the company's filing.

Expected Generation and Savings

The solar project is projected to deliver significant electricity generation and cost savings for the company's operations.

Regulatory Compliance and Policy Framework

The project approval comes under the Gujarat Integrated Renewable Energy Policy-2025, demonstrating the company's alignment with state government initiatives for renewable energy adoption. GEDA, as a Government of Gujarat organization, has provided the necessary clearance for the project implementation.

Strategic Impact

This solar project represents Scoda Tubes Limited's commitment to sustainable energy practices and cost optimization. The annual savings of Rs. 3.76 crore in electricity bills will contribute positively to the company's operational efficiency and bottom line. The project's captive nature ensures that the generated power will directly support the company's manufacturing operations.

Scoda Tubes Limited has announced an administrative update to its registered office address following a Board of Directors meeting held on March 13, 2026. The decision was made to provide more precise location identification by including comprehensive survey numbers where the company's registered office is situated.

Board Meeting Details

The Board of Directors convened at the company's registered office on Friday, March 13, 2026, with the meeting commencing at 04:00 P.M. and concluding at 04:30 P.M. The primary agenda item was the consideration and approval of updating the registered office address for better pinpointing of the company's location.

Address Update Details

The company has updated its registered office address to include multiple survey numbers for comprehensive location identification:

Administrative Clarification

The company emphasized that there is no actual change in the physical location of the registered office. Instead, the Board decided to update the address description to include all survey numbers where the company's registered office is situated, providing a more comprehensive and accurate location reference.

Regulatory Compliance and Communication

Scoda Tubes Limited has formally notified both major stock exchanges about this administrative update through official communication:

The notification was signed by Jagrutkumar Rameshbhai Patel, Managing Director, ensuring proper regulatory compliance and transparency with stakeholders regarding this administrative modification. The official communication was addressed to both exchanges with complete details of the address updation for record-keeping purposes.