Orient Green Power Company Limited (GREENPOWER) — Corporate Action

· NSE 🔴 High Importance Neutral
📢 Key Event
Allotment of 2,19,59,094 shares in Delta Renewable Energy at ₹10 face value
🔄 What Changed
Equity holding in Delta remains unchanged at 70% post-allotment
🔮 What's Next
Not Applicable
💡 Investor Takeaway
The acquisition finalizes Delta's solar project development, maintaining 70% ownership without dilution.

Orient Green Power announced allotment of 2,19,59,094 shares in Delta Renewable Energy at ₹10 face value, completing its 70% stake acquisition through a fifth tranche of preferential issue. The transaction, valued at [amount not verified], finalizes Delta's development of 7 MW and 17.6 MW solar projects in Tamil Nadu.

📄 View Original Announcement (PDF)

About Orient Green Power Company Limited (GREENPOWER)

Power · Power · Listed on NSE

Market Cap: ₹1,334.9 Cr P/E: 43.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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