Date: June 04, 2026
Investment Disclosure
Bharat Gears Limited has made an investment of ₹1,27,39,980 (Rupees One Crore Twenty Seven Lakhs Thirty Nine Thousand Nine Hundred Eighty Only) in Hexa Energy HR5 Private Limited.
Investment Details
- Number of shares acquired: 13,134 Equity Shares
- Face value per share: ₹10
- Issue price per share: ₹970 (including premium of ₹960 per share)
- Percentage of paid-up share capital acquired: 29.55%
- Consideration type: Cash
- Date of allotment: June 02, 2026
- Intimation of allotment received: June 03, 2026
Target Entity Information
- Name: Hexa Energy HR5 Private Limited
- Industry: Renewable energy - engaged in generating, producing and transmitting electricity through renewable sources
- Date of incorporation: December 24, 2024
- Business operations: Haryana, India
- Turnover history: No revenue from operations in 2024, 2025, or 2026 (newly incorporated)
- Promoter: Hexa Climate Solutions Private Limited
Transaction Rationale
The investment was made to meet requirements under applicable Electricity Laws for purchase of solar power by the Company for its Faridabad and Mumbra units. The purpose is to curtail power costs at these units through a Power Purchase Agreement dated November 20, 2025, where Bharat Gears will act as a captive user.
Related Party Status
Hexa Energy HR5 Private Limited is not related to Bharat Gears' promoter/promoter group/group companies in any manner. The transaction does not qualify as a related party transaction. Hexa Energy HR5 Private Limited is a Special Purpose Vehicle (SPV) promoted by Hexa Climate Solutions Private Limited.
Regulatory Approvals
No governmental or regulatory approvals were required for this acquisition.
Disclosure Compliance
The disclosure is made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/141/4(7)2025-CFD-POD2/U37621/2026 dated January 30, 2026.