We wish to inform that the Company has executed Share Subscription and Shareholder''s Agreement with Torrent Power Limited, and Torrent Urja 16 Private Limited to acquire/subscribe total 3,29,99,970 Equity Shares of Rs. 10 of Torrent Urja 16 Private Limited for setting up a captive Hybrid (Solar & Wind) Power Project in India. The details as required under SEBI(Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023 dated 11th July, 2023 are given in Annexure A to the attached letter.