NSEGeneral Updates6 Oct 2026 · 6 Oct 2026, 06:06 pm
General Updates
Laurus Labs Limited · LAURUSLABS
✦ AI Summaryacquisition
Laurus Labs Limited has informed the Exchange about an update on its acquisition of equity shares in Kurnool Renewables Private Limited, an associate company. The company has invested INR 12,09,60,500 and acquired 1,20,96,050 equity shares at face value of INR 10 each. The total holding of the company in KRPL is now 2,11,68,000 equity shares, with a shareholding percentage remaining at 26%.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Laurus Labs Limited has informed the Exchange about Update on Acquisition
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LAURUSLABS_06102026180546_UpdateOnInvInKurnool06102026.pdf
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October 6, 2026
To To
The Corporate Relations Department The Listing Department
BSE Limited National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Bandra Kurla Complex, Bandra (E),
Mumbai – 400 001 Mumbai – 400 051
Code: 540222 Code: LAURUSLABS
Sub: Update on equity investment in Kurnool Renewables Private Limited under Regulation 30
of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Ref: Our intimation letter dated March 28, 2025
Dear Sir/ Madam,
In continuation to our intimation dated March 28, 2025 with regard to acquisition of equity shares in
Kurnool Renewables Private Limited (“KRPL”), an associate company of Laurus Labs Limited
(“Company”), and in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we would like to inform you that the Company has invested INR
12,09,60,500/- (Indian Rupees Twelve Crores Nine Lakhs Sixty Thousand and Five Hundred only) and
acquired 1,20,96,050 (One Crore Twenty Lakhs Ninety Six Thousand and Fifty) equity shares of KRPL
at face value of INR 10/- each aggregating to an amount of INR 12,09,60,500/- (Indian Rupees Twelve
Crores Nine Lakhs Sixty Thousand and Five Hundred only) by way of rights issue.
Consequent to this investment, the total holding of the Company in KRPL is 2,11,68,000 equity shares
of INR 10/- each and the percentage of shareholding by the Company shall remain same at 26%.
Please take the above information on record.
Thanking You,
Yours faithfully,
For Laurus Labs Limited
G. Venkateswar Reddy
Company Secretary & Compliance Officer