NSEGeneral Updates6 Jul 2026 · 6 Jul 2026, 07:19 pm

General Updates

Orient Green Power Company Limited · GREENPOWER

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Orient Green Power Company Limited has been allotted 2,19,59,094 equity shares by its subsidiary Delta Renewable Energy Private Limited through a preferential issue, with the company maintaining a 70% equity stake in Delta.

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Intimation under Regulation 30 of the SEBI [Listing Obligations and Disclosure Requirements] Regulations, 2015

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GREENPOWER_06072026191443_SEIntimation06072026.pdf

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July 06, 2026 The BSE Limited The National Stock Exchange of India Corporate Relations Department, 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 Dear Sirs, Sub: Intimation under Regulation 30 of the SEBI [Listing Obligations and Disclosure Requirements] Regulations, 2015. This is to inform you that today (ie., July 06, 2026) M/s. Orient Green Power Company Limited (“the Company”) has been allotted 2,19,59,094 Equity shares at face value of Rs. 10 each by M/s. Delta Renewable Energy Private Limited (DELTA) (Subsidiary Company) in the fifth tranche of its Preferential issue, where 3,13,70,134 Equity shares were offered to proposed allottees Subsequent to the allotment, the equity holdings of the Company in DELTA remains unchanged at 70%. The relevant details of the Transaction as prescribed under SEBI Listing Regulations read with SEBI Master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 as amended, in Annexure I Kindly take the same on your record. For Orient Green Power Company Limited G Srinivasa Ramanujan Company Secretary & Compliance Officer Annexure-I Disclosure of information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026. S.No Particulars Details 1 Name of the target entity, details in brief Delta Renewable Energy Private Limited such as size, turnover etc.; (Delta) was incorporated on November 29, 2023. The post issue paid-up equity Share capital of Delta stands at Rs. 44,31,28,000/- The Company has successfully commissioned a 7 MW AC solar power project at Krishnapuram and Veeraganallur Villages, Thiruvallur District, Tamil Nadu. Further, the Company has entered into an EPC Contract to develop a 17.6 MW AC solar power project at Thiruvannamalai District, Tamil Nadu on December 05, 2025 and the same is under progress. 2 Whether the acquisition would fall The transaction falls under related party within related party transaction(s) and transaction as per SEBI LODR Regulations and whether the promoter/ promoter group/ the Listed entity at present holds 70% equity group companies have any interest in the share capital in the above subsidiary. The entity being acquired? transaction is at arm’s length basis. 3 Industry to which the entity being Renewable Energy. acquired belongs 4 Objects and impact of acquisition The company promoted Delta to develop renewable energy capacity. Accordingly, the company subscribed to the shares of Delta through a preferential allotment along with other participants to the issue. The object of this issue being developing solar power project. Consequent to the allotment, the holding of the company in Delta remains unchanged at 70%. 5 Brief details of any Governmental or Not Applicable regulatory approvals required for the acquisition; 6 Indicative time period for completion of This tranche being the final one to the the acquisition preferential issue of Delta, the investment into Delta stands completed. 7 Consideration Cash 8 Cost of acquisition and/or the price at Rs. 21,95,90,940 (Rupees Twenty-One Crores which the shares are acquired Ninety-Five Lakhs Ninety Thousand Nine Hundred and Forty Rupees only) 9 Percentage of shareholding / control The company subscribed to 2,19,59,094 equity acquired and / or number of shares shares in the current tranche of preferential acquired issue, which is 70% of the issue size. Accordingly, the pre and post issue shareholding of the company in Delta remain unchanged at 70%. 10 Brief background about the entity Delta Renewable Energy Private Limited was acquired in terms of products/line of incorporated on November 29, 2023 as a business acquired, date of incorporation, wholly owned subsidiary of the company in history of last 3 years turnover, country India. History of turnover of last 3 years is not in which the acquired entity has presence applicable, since the company has just and any other significant information (in commenced its business operation on brief) December 05, 2025 by successfully commissioning a 7 MW AC solar power project at Krishnapuram and Veeraganallur Villages, Thiruvallur District, Tamil Nadu. Further, the Company has entered into an EPC Contract to develop a 17.6 MW AC solar power project at Thiruvannamalai District, Tamil Nadu and the same is under progress.