Silgo Retail Limited (SILGO) — Announcement

· NSE Neutral

Silgo Retail Limited announced that its newly acquired renewable energy subsidiaries, Terraverde Renewables and Bluesky Renewables, have secured 25-year power purchase agreements with MSEDCL for 37 MW of solar capacity across Maharashtra. The projects will generate electricity at a fixed tariff of ₹3.09 per kWh and qualify for approximately ₹33.52 crore in government subsidies, reinforcing the company's clean energy strategy and long-term value creation. The filing details regulatory compliance under SEBI Listing Regulations and confirms the acquisition aligns with Silgo's sustainable growth objectives.

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About Silgo Retail Limited (SILGO)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹236.06 Cr P/E: 42.7

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