SJS · S.J.S. Enterprises Limited · BSE · Filed 5 Aug · 1 min read

SJS Enterprises Completes Wind-Power Share Subscription in DB Renews

The auto-decorative maker has taken a 2.08% stake in DB Renews Private Limited, tied to an annual wind-power supply.

What was filed

S.J.S. Enterprises told the exchanges on 5 August 2026 that it has completed a share subscription first announced in its letter of 27 February 2026. The subscription forms part of a package of agreements — a Share Purchase, Shareholders' Agreement and an Energy Purchase Agreement with Doddanavar Global Energy Private Limited and DB Renews Private Limited — under which the company committed to subscribe to equity shares of DB Renews in exchange for a supply of wind power. This update confirms the subscription has now gone through.

The structure of the deal

The arrangement links an equity stake to an energy supply commitment: by subscribing to the shares, the company secures an annual supply of wind power from DB Renews. The subscription leaves SJS with a small minority position, described in the filing as 2.08% of the equity share capital of DB Renews. The company noted that the full details required under SEBI disclosure rules were already set out in its February letter.

Shares subscribed: 28,800 equity shares
Total consideration: INR 72,00,000
Subscription price per share: INR 250 per equity share
Resulting stake in DB Renews: 2.08%
Annual wind power supply: up to 36,00,000 units

The transaction is small in monetary terms and completes a step disclosed earlier in the year; for a holder it primarily confirms the company's move to secure captive renewable power through a minority equity stake rather than signalling a material change in operations.