Padmanabh Alloys & Polymers Announces Installation of 1MW Solar Plant
Padmanabh Alloys & Polymers Ltd has announced the installation of a 1MW solar plant to leverage government policies and achieve long-term electricity cost benefits. The decision was communicated to BSE through a regulatory filing under SEBI Regulation 30, signed by Whole-time Director Chetankumar Mohanbhai Desai on February 13, 2026. This initiative reflects the company's strategic move towards renewable energy adoption for operational cost optimization.
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Padmanabh alloys & polymers Ltd has announced its decision to install a 1MW solar plant, as communicated to BSE Limited through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Strategic Solar Initiative
The company has decided to proceed with the installation of the solar plant to capitalize on current government policies and achieve long-term electricity cost benefits. This move aligns with the growing trend of industrial companies adopting renewable energy solutions to reduce operational costs and environmental impact.
Project Details
| Parameter: | Details |
|---|---|
| Solar Plant Capacity: | 1MW |
| Primary Objective: | Long-term electricity cost benefits |
| Policy Advantage: | Present government policies |
| Filing Date: | February 13, 2026 |
Regulatory Compliance
The intimation was filed with BSE Limited under the mandatory disclosure requirements. The filing was signed by Chetankumar Mohanbhai Desai, Whole-time Director of the company, bearing DIN: 00051541. The company maintains its registered office at N.H.8, Palsana, Dt. Surat 394315.
Company Information
Padmanabh Alloys & Polymers Limited operates under Corporate Identity Number L17110GJ1994PLC023540 and trades on BSE with scrip code 531779 and stock code PADALPO. The company can be reached at investor@padmanabh.in and maintains its corporate website at www.padmanabh.in .
This solar plant installation represents the company's commitment to sustainable energy practices while optimizing operational costs through renewable energy adoption.
Historical Stock Returns for Padmanabh Alloys & Polymers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -9.49% | -14.59% | -21.01% | -28.76% | -39.21% | -70.33% |
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