BSECompany Update2d ago · 29 Jul 2026, 08:47 pm

Monitoring Agency Report for the quarter ended June 30, 2026 as per SEBI(LODR) Regulations, 2015

Orient Green Power Company Ltd · 533263

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Orient Green Power Company Ltd has submitted a monitoring agency report for the quarter ended June 30, 2026, as per SEBI (LODR) Regulations, 2015, regarding the utilization of proceeds from its rights issue.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Orient Green Power Company Ltd - 533263 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

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July 29, 2026 The BSE Limited The National Stock Exchange Corporate Relations Department, of India Limited P.J. Towers, Department of Corporate Services, Dalal Street, Exchange Plaza, 5th Floor, Mumbai-400 001. Bandra-Kurla Complex, Scrip Code: 533263 Mumbai-400 051. Scrip Code: GREENPOWER Respected Sirs/Madam, Sub: Monitoring Agency Report for the quarter ended June 30, 2026 as per Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 82 (4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed Monitoring Agency Report for the quarter ended June 30, 2026, issued by CRISIL Ratings Limited, Monitoring Agency, appointed to monitor the utilization of proceeds for an amount of Rs. 250 crores raised through Rights Issue. Kindly take the above information on record. Yours faithfully, For Orient Green Power Company Limited G. Srinivasa Ramanujan Company Secretary & Compliance Officer Monitoring Agency Report Orient Green Power Company Limited for the quarter ended June 30, 2026 CRL/MAR/ONTGPCL /2026-27/1947 July 29, 2026 Orient Green Power Company Limited Bascon Futura SV, 4th Floor, No.10/1, Venkatanarayana Road, T. Nagar, Chennai, Tamil Nadu - 600017 Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Rights Issue of Orient Green Power Company Limited (“the Company”) Pursuant to Regulation 82(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”) and Monitoring Agency Agreement dated July 23, 2024, entered with the Company, we enclose the Monitoring Agency Report, issued by Crisil Ratings Limited, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of Rights Issue for the quarter ended June 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Report of the Monitoring Agency Name of the issuer: Orient Green Power Company Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: No (b) Range of Deviation: Not applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 1) Issuer Details: Name of the issuer: Orient Green Power Company Limited Names of the promoter: a. Janati Bio Power Private Limited b. Nivedana Power Private Limited c. SVL Limited d. Syandana Energy Private Limited Industry/sector to which it belongs: Power Generation 2) Issue Details Issue Period: Tuesday, August 27, 2024, To Friday, September 13, 2024 Type of issue (public/rights): Rights Issue Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Rs 25,000.00 lakh (Refer Note) Particulars Amount (Rs. lakh) Gross proceeds of the Fresh Issue 25,000.00* Less: Issue Expenses 291.10 Net Proceeds 24,708.90 (Refer Note) *Crisil Ratings shall be monitoring the gross proceeds amount. The issue expenses of Rs 291.10 lakh were fully utilized during the quarter ended December 31, 2024. Note: - During the quarter ended December 31, 2024, net proceeds were revised from Rs 24,807.46 lakh to Rs 24,708.90 lakh due to increase in rights issue expenses. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / certifications Comments of Comments of Particulars Reply considered by the Monitoring the Board of Monitoring Agency for Agency Directors preparation of report Management Utilization is in undertaking, compliance with Peer reviewed the Letter of Whether all utilization is as per the Yes Independent Chartered Offer dated No Comments disclosures in the Offer Document? Account Certificate^, August 06, 2024, Final Offer Document, filed by the Bank Statements Company Source of information / certifications Comments of Comments of Particulars Reply considered by the Monitoring the Board of Monitoring Agency for Agency Directors preparation of report Management Whether shareholder approval has undertaking, Peer been obtained in case of material NA reviewed Independent No Comments No Comments deviations from expenditures Chartered Accountant disclosed in the Offer Document? Certificate^ Whether the means of finance for the disclosed objects of the issue No No Comments No Comments has changed? Is there any major deviation observed over the earlier No No Comments No Comments monitoring agency reports? Whether all Government/statutory approvals related to the object(s) NA No Comments No Comments have been obtained? The Company Management has revised the undertaking, terms of offer Peer reviewed and changed Independent Chartered EPC contractor Accountant C ertificate^, under Object 1 in line with Whether all arrangements flexibility given pertaining to technical Yes in Letter of Offer No Comments assistance/collaboration are in dated August operation? 06, 2025, regarding which company has also obtained the board approval dated June 10, 2025 Are there any favorable events improving the viability of these No No Comments No Comments object(s)? Source of information / certifications Comments of Comments of Particulars Reply considered by the Monitoring the Board of Monitoring Agency for Agency Directors preparation of report Are there any unfavorable events affecting the viability of the No No Comments No Comments object(s)? Is there any other relevant information that may materially No No Comments No Comments affect the decision making of the investors? NA represents Not Applicable ^ Certificate dated July 20, 2026, issued by M/s T R A K & Associates., Chartered Accountants [Showing first 8,000 characters — download PDF for full document]