Saint Gobain Sekurit India Limited, a prominent player in the automotive glass industry, has taken a significant step towards sustainable energy sourcing. The company's Board of Directors has given the green light for an investment of up to ₹2.21 crore in VEH Wind Energy Private Limited, marking a strategic move towards renewable energy adoption.

Investment Details

The investment, approved by the Board, is aimed at sourcing renewable energy, including wind and solar hybrid power. This initiative aligns with the growing trend of corporations investing in clean energy solutions to reduce their carbon footprint and operational costs.

Key points of the investment include:

• Investment Amount: Up to ₹2.21 crore
• Target Company: VEH Wind Energy Private Limited
• Share Price: Equity shares priced at ₹10.00 each
• Purpose: Sourcing renewable energy, including wind and solar hybrid power

Shareholding and Regulations

The investment will provide Saint-Gobain Sekurit India with proportionate shareholding in VEH Wind Energy, in accordance with prevailing electricity regulations. This structure ensures that the company's investment is compliant with the regulatory framework governing renewable energy partnerships.

Independence and Compliance

It's worth noting that VEH Wind Energy Private Limited is not related to Saint-Gobain Sekurit India's promoter or group companies. The Board has clarified that this transaction does not qualify as a related party transaction, emphasizing the arm's length nature of the deal.

Strategic Implications

This move by Saint-Gobain Sekurit India demonstrates the company's commitment to sustainable practices and could potentially lead to:

1. Reduced dependence on conventional energy sources
2. Lower long-term energy costs
3. Enhanced environmental credentials
4. Alignment with global sustainability goals

As companies worldwide face increasing pressure to adopt environmentally friendly practices, Saint-Gobain Sekurit India's investment in renewable energy sources positions it as a forward-thinking player in the automotive components sector.

The Board's decision to invest in VEH Wind Energy reflects a growing trend among Indian corporations to diversify their energy sources and contribute to the country's renewable energy targets. This strategic move may not only benefit Saint-Gobain Sekurit India's operational efficiency but also strengthen its market position as an environmentally conscious manufacturer.

Saint Gobain Sekurit , a key player in the automotive glass industry, has taken a significant step towards sustainability by executing new agreements for sourcing green energy. The company announced that it has signed two crucial agreements with Radiance MH Sunrise Thirteen Private Limited, marking a shift in its green energy sourcing strategy.

New Agreements for Sustainable Energy

The company has executed two key documents:

1. A Power Purchase Agreement
2. A Share Subscription Agreement

These agreements have been made with Radiance MH Sunrise Thirteen Private Limited, replacing a previous arrangement with Radiance MH Sunshine Two Private Limited. This move underscores Saint Gobain Sekurit's commitment to sustainable practices and its efforts to integrate green energy into its operations.

Timeline of Developments

The recent agreements are part of an ongoing initiative by Saint Gobain Sekurit to transition towards greener energy sources. The company had previously made disclosures related to this matter on:

• October 28, 2024
• May 16, 2025

These earlier disclosures laid the groundwork for the current agreements, indicating a planned and strategic approach to the company's sustainability efforts.

Regulatory Compliance

In line with its commitment to transparency and regulatory compliance, Saint Gobain Sekurit has made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. The information was communicated to the BSE Limited, where the company's shares are listed under the Scrip Code 515043.

Implications for Stakeholders

This move towards green energy sourcing could have positive implications for the company's environmental footprint and potentially its operational costs in the long term. Investors and stakeholders may view this as a proactive step towards sustainability, which is increasingly becoming a critical factor in corporate evaluations.

While the financial details of the agreements have not been disclosed, the shift in energy sourcing strategy suggests that Saint Gobain Sekurit is positioning itself for a more sustainable future, aligning with global trends towards renewable energy adoption in manufacturing sectors.

As the automotive industry continues to evolve with a focus on sustainability, Saint Gobain Sekurit's latest move may strengthen its position as a responsible manufacturer in the automotive glass segment.