Lloyds Metals and Energy Limited announced today, October 27, 2026, that it has entered into key agreements for its previously disclosed investments in three renewable energy companies: Amplus Green One Power Private Limited, Amplus Energy One Private Limited, and Amplus Ceres Solar Private Limited. These agreements include Share Subscription and Shareholders Agreements (SSSHA) and Power Purchase Agreements (PPA). This move is part of the company’s strategy to acquire a minimum 26% stake under a Group Captive Scheme in these entities.
Strategic Renewable Energy Investments
Lloyds Metals and Energy Limited has officially executed significant agreements for its strategic investments in the renewable energy sector. On October 27, 2026, the company finalized Share Subscription and Shareholders Agreements (SSSHA) and Power Purchase Agreements (PPA) with three key entities: Amplus Green One Power Private Limited, Amplus Energy One Private Limited, and Amplus Ceres Solar Private Limited. These agreements are crucial for the company’s plan to acquire a minimum 26% stake in these companies through a Group Captive Scheme.
Key Agreement Details
The Share Subscription and Shareholders Agreements were entered into among Lloyds Metals and Energy Limited (LMEL), Amplus Energy Solutions Pte. Ltd. (“Amplus Energy”), and each of the target companies (Amplus Green One, Amplus Energy One, and Amplus Ceres). Simultaneously, Power Purchase Agreements (PPA) were established between LMEL and each of these three renewable energy companies, solidifying the operational framework for the investments. These developments follow the Board’s outcome disclosed on August 10, 2026, detailing the approval of these acquisitions.
Source: BSE
