Poly Medicure has entered into a joint venture agreement with AMPIN C&I Power for the purpose of setting up a Solar Power Project, which will be set up to supply power to the Company as a captive generating plant for Company's manufacturing facility, in Haryana, India.

Pursuant to the said JV Agreement, the proposed JV Company will be 26% owned by Poly Medicure and 74% owned by AMPIN C&I Power.

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