NSEAcquisition4d ago · 5 Nov 2026, 06:21 pm

Acquisition

Enviro Infra Engineers Limited · EIEL

✦ AI SummaryM&A

Enviro Infra Engineers Limited has informed the Exchange about the incorporation of a Step-Down Subsidiary Company, Suyog Urja Limited, which has incorporated a Wholly Owned Subsidiary (WOS), Windaxis Renewables Private Limited.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Enviro Infra Engineers Limited has informed the Exchange about Acquisition

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ENVIRO_05112026181446_Reg_30_IncorporateWindAxis.pdf

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Date: 05th November, 2026 To To National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E), Mumbai – 400 051 Mumbai – 400001 Scrip Symbol: EIEL Scrip Code: 544290 Sub: Incorporation of Step-Down Subsidiary Company Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), read with the SEBI Master Circular dated January 30, 2026, we wish to inform that the Suyog Urja Limited, Step-Down Subsidiary of the Company has on 05.11.2026 incorporated a Wholly Owned Subsidiary (WOS), namely, Windaxis Renewables Private Limited (‘WRPL’). The details of the incorporated Company i.e. WRPL, as required under the SEBI Listing Regulations read with SEBI Master Circular dated January 30, 2026, is enclosed herewith. Kindly take the above information on record. Thanking You, For Enviro Infra Engineers Limited Piyush Jain Company Secretary & Compliance Officer A57000 ANNEXURE - A Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with the SEBI Master Circular dated January 30, 2026 S. No. Particulars Details Name of the entity, date & Name: WINDAXIS RENEWABLES PRIVATE LIMITED a) country of incorporation, Date of Incorporation: 05.11.2026 etc. Country of Incorporation: India Name of holding company of the incorporated Holding Company: Suyog Urja Limited company and relation with Relation with Listed Entity: Step-Down Subsidiary the listed entity Industry to which the entity c) being incorporated Energy / Renewable Power belongs; 1. To carry on and undertake in India and/or outside India the business as of, generation, transmission, distribution of electricity using non-conventional and Brief background about the conventional resources by setting up wind power, entity incorporated in terms hydropower, biogas, biomass gasification, urban of products / line of municipal waste gasification, projects. business 2. To set up Wind Park at the potential sites for wind power generation also to facilitate potential investors for setting up wind power turbines by offering them necessary services. Brief details of any governmental or regulatory e) Not Applicable approvals required for the incorporation; Nature of consideration - whether cash consideration f) Cash or share swap and details of the same Cost of subscription / price Incorporated with authorized capital of ₹1,00,000/- g) at which the shares are divided into 10,000 equity shares of ₹ 10/- each. subscribed Percentage of shareholding / control by h) 51% the listed entity and / or number of shares allotted