Investment Amount: ₹699,099,984.30 (Rupees Sixty Nine Crores Ninety Lakhs Ninety Nine Thousand Nine Hundred Eighty Four and Paisa Thirty only)
Investment Date: 13th July 2026 (investment made), 14th July 2026 (shares allotted)
Target Company: Zenataris Renewable Energy Private Limited, a Special Purpose Vehicle (SPV) of Fourth Partner Energy Private Limited
Investment Type: Final tranche in overall planned investment of ₹105 Crores
Equity Share Allocation
Number of Shares Allotted: 82,93,001 equity shares
Face Value: ₹10 per share
Premium: ₹74.30 per share
Total Allocation Value: ₹699,099,984.30
Post-Allotment Shareholding: 26.77%
Target Company Background
Incorporation Date: 8 October 2018
Business: Establishing, commissioning, operation and generation of electricity through renewable energy sources (wind, solar, others) including transmission, distribution, supply and sale of power
Geographic Presence: India or elsewhere
Customers: Industries, Central/State Government, other electricity consumers including captive consumption
Transaction Characteristics
Industry: Renewable Power
Purpose: Purchase of renewable power under captive mechanism
Related Party Transaction: No
Promoter/Promoter Group Interest: None
Consideration Type: Cash
Transaction Nature: Arm's length
Regulatory Approvals
Required Approvals: Open access permission for transmission of power (obtained by the generator)
Completion Status: Acquisition completed with share allotment on 14 July 2026
Compliance Information
SEBI Reference: Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026
Disclosure Requirement: Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015
