NSEUpdates14 Jul 2026 · 14 Jul 2026, 12:28 pm
Updates
Nandan Denim Limited · NDL
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Nandan Denim Limited has informed the Exchange about the acquisition of 40,02,096 equity shares of Opera Vayu (Narmada) Private Limited for ₹ 4,00,20,960/- under the applicable captive power route.
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Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10
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Full Announcement
Nandan Denim Limited has informed the Exchange regarding 'Update on Acquisition - Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 '.
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July 14, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 532641 Scrip Symbol: NDL
Subject: Update- Intimation under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Dear Sir/ Madam,
In respect of the captioned matter and in continuation of our earlier intimation dated April 17,
2026, we hereby inform that the Nandan Denim Limited has entered into a Share Transfer cum
Shareholders’ Agreement with the Special Purpose Vehicle i.e. M/s. Opera Vayu (Narmada)
Private Limited (“SPV”), and Shivman Wind Energy Private Limited (Promoter and Project
Implementer) for purchase of wind & solar power under the applicable captive power route.
In this regard, we further inform that the Company has acquired 40,02,096 (6.1%) equity shares
of Opera Vayu (Narmada) Private Limited for a total consideration of ₹ 4,00,20,960/- (Rupees
Four Crore Twenty Thousand Nine Hundred Sixty Only) on July 13, 2026.
You are requested to kindly take the same on record.
Yours faithfully,
For NANDAN DENIM LIMITED
Rinku Patel
Company Secretary and Compliance Officer
M. No.: A47703
Nandan Denim Limited
(CIN: L51909GJ1994PLC022719)
Registered Office Corporate office
Survey No. 198/1, 203/2, Saijpur-Gopalpur, Pirana Road, Piplaj, Ahmedabad-382 405 Chiripal House, Shivranjani Cross Road, Satellite, Ahmedabad -380 015
Ph.:+919879200199 Website:www.nandandenim.com Email:nandan@chiripalgroup.com Ph.: 079-69660000 Fax: 079-26768656