1.20 MW open access solar power plant commissioned at Nanded

has commissioned a 1.20 MW (AC) open access solar power plant at Nanded, Maharashtra, on October 30, 2026. The electricity generated will be used for captive consumption at the company's manufacturing facility under the open access arrangement. The company expects the plant to reduce its dependence on conventional sources of energy and to contribute towards cost optimisation and its sustainability initiatives. Captive generation should lower grid energy purchases and reduce exposure to electricity price volatility, supporting cost optimisation. Operational cost benefits can incrementally support margins and returns (ROE 13.2%, ROCE 15.6%), though magnitude depends on generation vs. site consumption. Supports the company’s sustainability/ESG profile, which can aid reputation with customers and regulators and de‑risk ESG-related procurement requirements. Scale (1.20 MW) appears modest relative to the company’s market cap (~Rs 1,354 Cr), so near‑term financial impact is likely limited. The project signals a willingness to invest in energy infrastructure; if repeated or scaled, it could produce more meaningful long‑term cost savings.