Suprajit Engineering Limited – NSE: SUPRAJIT / BSE: SUPRAJIT

Introduction

Suprajit Engineering Limited (NSE: SUPRAJIT, BSE: SUPRAJIT) filed a Regulation 30 disclosure on 15 October 2026 informing the stock exchanges of a new Power Purchase Agreement (PPA) and related share acquisition with Amplus Green Power Private Limited and Amplus Energy Solutions PTE Ltd.

Key Highlights of the Announcement

Power Purchase Agreement & Share Acquisition

• Agreement Scope – The company entered into:

  1. A Power Purchase Agreement (PPA) with Amplus Green Power Private Limited.
  2. A Share Acquisition and Shareholders’ Agreement with Amplus Energy Solutions PTE Ltd and Amplus Green Power Private Limited.

• Investment Details – An investment of INR 38,40,000 (₹3.84 million) to be made in one or more tranches.

• Equity Stake – Subscription to a minimum of 26 % of the equity share capital of Amplus Green Power Private Limited (together with other captive users).

• Purpose – To source solar power as a captive consumer for Suprajit’s manufacturing facilities in Uttar Pradesh, thereby:

  • Reducing electricity costs at the plant.
  • Increasing the proportion of renewable energy in its consumption.
  • Supporting the company’s sustainability objectives.

Transaction Specifics (Annexure‑1)

Item	Detail
Target Entity	Amplus Green Power Private Limited (Power Generation)
Related‑Party Status	Not a related‑party transaction; promoters have no interest.
Regulatory Approvals	Not applicable.
Completion Timeline	Expected within 4 months, subject to customary conditions precedent.
Consideration	Cash consideration of INR 38,40,000.
Shareholding Acquired	Minimum 26 % equity stake (with other captive users).
Strategic Rationale	Enhance renewable power supply for Suprajit’s operations.

Implications for Investors

• Cost Efficiency – The captive solar arrangement is projected to lower the unit cost of electricity at the Uttar Pradesh plant.
• Sustainability Alignment – The move aligns with broader ESG goals, potentially improving the company’s sustainability profile.
• Capital Commitment – The cash outlay of INR 38.4 lakh is modest relative to the company’s scale, with the equity stake limited to 26 % and no dilution to existing shareholders.

No additional financial metrics, forward guidance, or risk factors were disclosed in the filing.