vaibhav global limited...regd. office: k-6b, fateh tiba, adarsh nagar, jaipur – 302004, tele:...
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VAIBHAV GLOBAL LIMITED
E‐69, EPIP, Sitapura, Jaipur‐302022, Rajasthan, India • Phone: 91‐141‐2770648, Fax: 91‐141‐2770510
Regd. Office: K‐6B, Fateh Tiba, Adarsh Nagar, Jaipur – 302004, Rajasthan, India • Phone: 91‐141‐2601020, Fax: 91‐141‐2605077 CIN: L36911RJ1989PLC004945 • Email: [email protected] • Website: www.vaibhavglobal.com
Ref: VGL/CS/2020/138 Date: 10th September, 2020
Subject: Press Release Dear Sir / Madam, Please find enclosed press release titled “Vaibhav Global Successfully Commissions 1MW Solar PV Power Generation Project” Kindly take the same on record. Thanking you, Yours Truly, For Vaibhav Global Limited Sushil Sharma Company Secretary
National Stock Exchange of India Limited (NSE) Exchange Plaza, C‐1, Block G, Bandra Kurla Complex, Bandra, Mumbai – 400 051 Symbol: VAIBHAVGBL
BSE Limited Phiroze JeejeeBhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 532156
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Regd. Office: K-6B, Fateh Tiba, Adarsh Nagar, Jaipur – 302004, Tele: 91-141-2601020; Fax: 91-141-2605077; CIN :
L36911RJ1989PLC004945; Email: [email protected], Web: www.vaibhavglobal.com
PRESS RELEASE
RELEASE
VAIBHAV GLOBAL LIMITED
Vaibhav Global Successfully Commissions 1MW Solar PV Power Generation Project
Jaipur, September 10, 2020
Vaibhav Global Limited (VGL), an electronic retailer of fashion jewellery, accessories and
lifestyle products in developed markets, has successfully commissioned a 1MW Solar PV Power
Generation Project under Captive use in Bikaner, Rajasthan.
The plant, which was commissioned on 28th August 2020, is a major addition to the existing 385
KW rooftop solar panels installed in Jaipur, which have been servicing 7% of the Company’s
electricity requirements at its Jaipur manufacturing facility. Together, the existing facility and
the new plant will address around 45% of the Company’s power requirements for the Jaipur
facility.
Commenting on this achievement, Mr. Vineet Ganeriwala, Group CFO of Vaibhav Global Limited
said - “Sustainability is integral to business aspirations of the Company. And it is indeed a
pleasure to share with you that we are taking meaningful strides towards contributing positively
to the environment. Our aim is to increasingly invest in and draw on renewable sources for all
our energy requirements. The new Solar PV Power Generation Project is a huge step for us in
this direction, and surely one of many to come.”
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Regd. Office: K-6B, Fateh Tiba, Adarsh Nagar, Jaipur – 302004, Tele: 91-141-2601020; Fax: 91-141-2605077; CIN :
L36911RJ1989PLC004945; Email: [email protected], Web: www.vaibhavglobal.com
About Vaibhav Global Limited:
Vaibhav Global Limited (VGL) is an electronic retailer of fashion jewellery, accessories, and lifestyle products in developed markets with direct access to around 100 million households (FTE) through its TV home shopping networks – Shop LC in US and Shop TJC in UK. VGL’s TV channels reach customers directly 24x7 on all the major cable, satellite and DTH platforms – Dish TV, DirecTV, Comcast, Verizon Fios, Time Warner, AT&T, Sky, Virgin, Freeview, Freesat etc. The Company’s ecommerce websites www.shoplc.com in the US and www.tjc.co.uk in the UK complement TV coverage and diversify customer engagement.
For further information, please contact:
Dipti Rajput Shiv Muttoo/Karl H Kolah Vaibhav Global Ltd CDR India Tel: +91- 91166 53352 Tel: +91 98335 57572 / 98330 10478 Email: [email protected] Email: [email protected]
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain
risks and uncertainties like government actions, local political or economic developments, technological risks, and many other
factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking
statements. Vaibhav Global Ltd. will not be in any way responsible for any action taken based on such statements and undertakes
no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances