Oriana Power Limited
Oriana Power's board approved the sale of its entire 74% stake in certain solar asset subsidiaries. The divestment to Helioact Power India 1 is for an estimated enterprise value of Rs. 954 crore, pending shareholder approval.
May 29 2026 01:06:48
Oriana Power Limited
Oriana Power's Board took note of a binding offer to divest up to 74% stake in certain subsidiaries for an aggregate consideration of up to Rs. 154.99 crore. This strategic move aims at capital re-cycling to support the company's organic and inorganic growth initiatives. The deal is currently in negotiation.
May 28 2026 23:43:22
Oriana Power Limited
Oriana Power promoters, Rupal Gupta, Parveen Kumar, and Anirudh Saraswat, collectively pledged 15.45 lakh equity shares (7.60% of total share capital). This action secures a ₹115 crore loan facility for the company from LRSD Securities and Rajasthan Global Securities.
May 25 2026 11:29:49
Oriana Power Limited
Oriana Power board will meet on May 28, 2026, to approve the audited standalone and consolidated financial results for the financial year ended March 31, 2026. This meeting will finalize the company's annual financial performance.
May 23 2026 14:16:28
Oriana Power Limited
Oriana Power Limited announced the incorporation of HYDROGEN SOLUTIONS PRIVATE LIMITED as a new 100% step-down subsidiary. This unit will focus on generation of power and electric energy, aligning with the company's core business.
May 20 2026 15:20:44
Oriana Power Limited
Oriana Power incorporated FUTUREBESS STORAGE PRIVATE LIMITED as a new step-down subsidiary. This entity will focus on generating power and electric energy, expanding the company's operational scope.
May 19 2026 20:34:14
Oriana Power Limited
Oriana Power Limited has incorporated SOLAREDGE ENERGY PRIVATE LIMITED as a new step-down subsidiary. This new entity, 100% owned by OPL Solar Services Private Limited, will focus on power and electric energy generation, supporting future business expansion.
May 19 2026 20:31:05
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