Utilities – Page 28

GMRP – GMR Power and Urban Infra Ltd

GMR Power and Urban Infra Ltd is not Shariah Compliant because it fails the financial ratios.

KPI Green Energy Ltd is Shariah Compliant. It passes 1/5 Shariah standards we screen against.

Va Tech Wabag Ltd is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

Waaree Renewable Technologies Ltd is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

Mahanagar Gas Ltd is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

ACME Solar Holdings Ltd is not Shariah Compliant because it fails the financial ratios.

Jaiprakash Power Ventures Ltd is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

IndiGrid Infrastructure Trust is not Shariah Compliant because of its involvement in Other Financial Vehicles and related activities.

Reliance Power Ltd is not Shariah Compliant because it fails the financial ratios.

Gujarat State Petronet Ltd is Shariah Compliant. It passes 5/5 Shariah standards we screen against.