NSEUpdates14 Jul 2026 · 14 Jul 2026, 12:28 pm

Updates

Nandan Denim Limited · NDL

✦ AI SummaryFundraise

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.

Analysis Scores

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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NDL_14072026122708_outcome.pdf

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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