Saint Gobain Sekurit India Limited announced that its Board of Directors has approved a strategic investment of up to ₹30 million in the Special Purpose Vehicle (SPV) of S unsure Energy Private Limited. The decision was made during a board meeting held on January 30, 2026, as part of the company's initiative to source renewable energy for its operations.

Investment Details and Structure

The investment will facilitate the sourcing of renewable energy through solar power generation and Intra-State Transmission System (InSTS) infrastructure. The company disclosed comprehensive details of the arrangement in its regulatory filing under Regulation 30.

Strategic Partnership Framework

The investment represents Saint-Gobain Sekurit India's proportionate shareholding in the SPV, structured in accordance with the Electricity Act and applicable rules. The partnership focuses specifically on sourcing green power through solar energy infrastructure development.

Key aspects of the agreement include:

• The SPV board will handle compliance with Companies Act provisions and related rules
• Equity shares will be issued at par value of ₹10 each
• The arrangement does not constitute a related party transaction
• No potential conflicts of interest have been identified

Regulatory Compliance and Execution

The company emphasized that the parties involved in this green energy sourcing arrangement are not related to the promoter, promoter group, or group companies. Saint-Gobain Sekurit India will execute the formal agreement upon completion of statutory requirements and will inform stock exchanges once the agreement is finalized between the parties.

Corporate Governance

The board meeting was conducted with proper corporate governance protocols, with Company Secretary Girish T. Shajani (Membership No. A 22547) signing the regulatory disclosure. The company maintains its registered office and works at Plot No. 616 & 617, Village Kuruli, Pune-Nashik Road, Chakan, Pune, and operates under CIN: L26101MH1973PLC018367.

This investment aligns with the growing corporate focus on renewable energy sourcing and sustainable business practices in the Indian manufacturing sector.

Saint-Gobain Sekurit India has reported improved financial performance in its third quarter results, demonstrating steady growth in profitability. The automotive glass manufacturer posted encouraging numbers that reflect its operational efficiency during the quarter.

Financial Performance Overview

The company's standalone net profit showed positive momentum during the third quarter. The financial metrics demonstrate the company's ability to maintain growth trajectory in its core business operations.

Year-on-Year Growth Analysis

The year-on-year comparison reveals a solid improvement in the company's bottom line performance. Saint-Gobain Sekurit India achieved a net profit of ₹112 million in Q3, compared to ₹101 million in the same quarter of the previous year. This represents an increase of ₹11 million in absolute terms.

The 10.89% growth in standalone net profit indicates the company's effective cost management and operational strategies. This positive performance reflects the company's position in the automotive glass segment and its ability to generate consistent returns.

Business Implications

The improved profitability metrics suggest that Saint-Gobain Sekurit India has maintained its competitive position in the market. The company's financial results demonstrate its operational resilience and ability to deliver value to stakeholders through sustained growth in net profit margins.