Pritika Auto (PRITIKAUTO) — Announcement

📢 Key Event
Pritika Group signs 25-year solar MOU targeting ₹110 crore savings

🔄 What Changed
Estimated ₹110 crore savings over 25 years

🔮 What's Next
25-year solar power arrangement with competitive tariff

💡 Investor Takeaway
The solar deal locks in long-term energy cost savings and advances the group's sustainability goals.

Pritika Auto Industries announced a 25-year solar power MOU with Spark Grid, targeting ₹110 crore in group-wide energy cost savings. The agreement, signed by subsidiary Pritika Engineering Components on behalf of the group, includes a special purpose vehicle where Pritika Engineering will hold 26% equity. Management highlighted the deal strengthens long-term cost competitiveness and sustainability alignment.

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About Pritika Auto Industries Ltd (PRITIKAUTO)

Automobile and Auto Components · Auto Ancillaries · Listed on BSE

Market Cap: ₹241.44 Cr P/E: 11.2 ROE: 10.2% ROCE: 13.4%

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🔥 Also filed on 27 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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