Zodiac Energy Limited (ZODIAC) — Announcement | 13 August 2026(2 announcements)

· NSE 🔴 High Importance Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
1 Announcement 🔴 High Importance Neutral 📄 PDF
📢 Key Event
Zodiac Energy acquires majority stakes and increases holdings in four solar-focused LLPs, creating wholly owned subsidiaries.
🔄 What Changed
Stake in Harikrishna Solar Projects LLP increased by 83% to 98%; stake in Govind Solar Projects LLP increased by 83% to 98%; Umaputra Solar Projects LLP and Kripalu Solar Projects LLP acquired at 98% ownership.
💡 Investor Takeaway
These acquisitions consolidate Zodiac Energy’s control over four solar LLPs, significantly expanding its renewable energy footprint and ownership stakes in India.

Zodiac Energy Limited announced on August 13, 2026, that it acquired 98% stakes in Umaputra Solar Projects LLP and Kripalu Solar Projects LLP, and increased its holding in Harikrishna Solar Projects LLP and Govind Solar Projects LLP from 15% to 98%, making these LLPs wholly owned subsidiaries. The transactions were completed on an arm’s length basis with cash consideration of Rs. 19,600 per LLP, reflecting strategic expansion into solar power generation within India’s renewable energy sector.

2 Announcement Neutral 📄 PDF
📢 Key Event
Board approves AOA amendment and solar project acquisitions
💡 Investor Takeaway
Shareholders gain controlling stakes in new solar ventures and receive a declared dividend of Rs 0.75 per share.

Zodiac Energy Limited announced amendments to its Articles of Association and approved the acquisition of Umaputra Solar Projects LLP and Kripalu Solar Projects LLP, increasing its stake in Govind Solar Projects LLP and Harikrishna Solar Projects LLP to 98% effective August 13, 2026. The board also approved the unaudited financial results for Q1 FY2026, declared a final dividend of Rs 0.75 per share, and set the record date for dividend entitlement as September 16, 2026, with the AGM scheduled for September 23, 2026 via video conferencing.

About Zodiac Energy Limited (ZODIAC)

Construction · Infrastructure Developers & Operators · Listed on NSE

Market Cap: ₹361.15 Cr P/E: 14.9 ROE: 26.3% ROCE: 21.7% Div Yield: 0.31%

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

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