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09/04/2026 11:47

Steel Strips Wheels - Outcome of Board Meeting

Steel Strips Wheels Limited has informed the Exchange regarding Outcome of Board Meeting held on April 09, 2026. It is informed that the Board of Directors of the Company in its meeting held today i.e. Thursday, April 9, 2026, inter alia, have approved to execute a Amendment Agreement To Shareholders Agreement with NuPower Renewables Private Limited (holding company of EUPL) and Echanda Urja Private Limited (EUPL), as well as Amendment Agreement to Energy Sale Agreement with EUPL, for further acquiring 37582 equity shares of Face value of Rs. 10/- each of EUPL at a consideration of Rs. 3.76 lakhs. The said acquisition of shares is for the purpose of procuring additional renewable (wind) power from EUPL for the Chennai plant of company under Group Captive Scheme.