Sub: Update - Acquisition of GMB Glasmanufaktur Brandenburg GmbH and Interfloat Corporation
Further to our today's disclosure, please note that the overseas wholly owned subsidiaries of the Company, namely, Geosphere Glassworks GmbH and Laxman AG, have completed the acquisition of 86% stake in GMB Glasmanufaktur Brandenburg GmbH ("GMB") and Interfloat Corporation ("Interfloat"), respectively.
Consequently, both GMB and Interfloat have become step-down subsidiary companies of the Company with effect from today.
This is for your information and appropriate dissemination.
Yours truly,
For Borosil Renewables Limited
KISHOR HARISH TALREJA
Digitally signed by KISHOR HARISH TALREJA
Date: 2022.10.21 22:39:17 +05'30'
Kishor Talreja
Company Secretary and Compliance Officer
FCS 7064
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Borosil Renewables Ltd. published this content on 21 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2022 18:09:01 UTC.
Borosil Renewables Limited is an India-based company, which is engaged in manufacturing of low iron textured solar glass for application in photovoltaic panels, flat plate collectors and green houses. Its products, such as Selene, is an anti-glare solar glass suitable for PV installations near airports and Shakti, is a solar glass in matt-matt finish, low iron textured solar glass, 2 mm fully tempered solar glass, Nosbera, antimony-free solar glass, solar glass with anti-reflective coating, and solar glass with anti-soiling coating. It also manufactures specialty glasses. The Company, through its brand BOROSIL, manufactures a range of lab ware, scientific ware, and consumer ware products. Its present solar glass manufacturing capacity is 450 tons per day (TPD). The Company's subsidiaries include Geosphere Glassworks GmbH, Laxman AG, GMB Glasmanufaktur Brandenburg GmbH, and Interfloat Corporation.
BOROSIL RENEWABLES LIMITED 
