Disclosure Context

GRE Renew Enertech Limited (Scrip Code: 544682) submitted a regulatory disclosure to BSE Limited on July 16, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure provides a fortnightly business update on orders received between July 1, 2026, and July 15, 2026, in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Orders Received Details

During the period from July 1 to July 15, 2026, the company received three new orders aggregating to ₹23,99,74,407 (Rupees Twenty-Three Crore Ninety-Nine Lakh Seventy-Four Thousand Four Hundred Seven Only). The details of each order are as follows:

Order 1: Dain Colour Chem Ltd.

  • Client: Dain Colour Chem Ltd. (Domestic entity)
  • Order Type: Turnkey EPC Contract for Design, Engineering, Procurement, Construction, Testing & Commissioning
  • Project: 0.7728 MWp (DC) / 0.600 MW (AC) Grid Connected Ground Mounted Single Axis Tracker Solar Power Plant under Captive Scheme
  • Scope: Includes 11 kV overhead transmission line (up to 1.5 km)
  • Order Date: July 4, 2026
  • Execution Period: Approximately 12 months
  • Order Value: ₹3,48,83,458/- (inclusive of applicable GST)

Order 2: Navsurya Renewable Energy Private Limited

  • Client: Navsurya Renewable Energy Private Limited (Domestic entity)
  • Order Type: Turnkey EPC Contract for Design, Engineering, Supply, Installation, Testing & Commissioning
  • Project: 2.91648 MWp (DC) / 2.100 MW (AC) Grid Connected Ground Mounted Single Axis Tracker Solar Power Plant under DREBP Scheme
  • Scope: Includes 11 kV Overhead Common Transmission Line up to 1.5 km
  • Order Date: July 13, 2026
  • Execution Period: Approximately 6 months
  • Order Value: ₹10,97,00,654/- (inclusive of applicable GST)

Order 3: Navsurya Renewable Energy Private Limited

  • Client: Navsurya Renewable Energy Private Limited (Domestic entity)
  • Order Type: Turnkey EPC Contract for Design, Engineering, Supply, Installation, Testing & Commissioning
  • Project: 2.49988 MWp (DC) / 1.800 MW (AC) Grid Connected Ground Mounted Single Axis Tracker Solar Power Plant under Third Party Sale Scheme
  • Scope: Includes 11 kV Overhead Common Transmission Line up to 1.5 km
  • Order Date: July 13, 2026
  • Execution Period: Approximately 6 months
  • Order Value: ₹9,53,90,295/- (inclusive of applicable GST)

Financial Impact and Order Book Update

As a result of these orders, the aggregate value of the company's order book stands at approximately ₹248 Crore as of the disclosure date (July 16, 2026).

Transaction Characteristics

All three orders:

  • Were received in the ordinary course of business operations
  • Do not involve promoters/promoter group/group companies
  • Are not related party transactions
  • Contain standard commercial terms customary to such contracts

Company Clarifications

The company clarifies that:

  • These orders are routine in nature and received in ordinary course of operations
  • The contracts do not involve entry into any new business segment
  • No change in business model, risk profile, capital structure, financial position, or operational strategy
  • Terms and conditions are standard without unusual or extraordinary stipulations
  • The disclosure contains only factual information without forward-looking statements
  • Aggregate value excludes orders already separately disclosed to avoid duplication