Investment of INR 1.62 crore in Clean Renewable Energy HR 1B Private Limited completed

Sandhar Technologies Ltd has completed an investment of INR 1.62 crore in Clean Renewable Energy HR 1B Private Limited, which the update calls the SPV.

Mon 12 Oct 2026

Investment Amount

INR 1.62 crore

Instrument

subscribing to equity shares of the SPV

Agreement Counterparty

Hero Rooftop Energy Private Limited

Solar power plan moves from agreement to money invested

The company has completed an investment of INR 1.62 crore in Clean Renewable Energy HR 1B Private Limited, which the update refers to as the SPV, or special purpose vehicle.

The money was put in by subscribing to equity shares of the SPV.

Background of the transaction

• This is a continuation of an earlier intimation dated 2nd July, 2026, in which the company had told the exchanges about the execution of a Share Subscription and Shareholders Agreement, or SSSHA.
• That agreement was between Hero Rooftop Energy Private Limited, Sandhar Technologies Limited and Clean Renewable Energy HR 1B Private Limited.
• The update now confirms that the investment under that agreement has been completed, with the date given as 12th October, 2026.

What the company says the investment is for

• To enable the company to avail solar power.
• To reduce its energy costs.
• To meet the increasing demand for sustainable and renewable energy practices across the supply chain.
• To support the company's environmental sustainability and carbon neutrality initiatives.

How a retail investor can read this

• It is a step in a plan the company had already announced. The agreement was signed earlier, and the funding under it has now been completed.
• The stated benefit is operational over time, in the form of solar power and lower energy costs, rather than an immediate increase in revenue or profit.
• The size of the transaction is INR 1.62 crore, which is the amount the company states it has invested.

The company adds that the information will also be made available on its website.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.