Stake/Capacity: 100% shareholding, comprising 67,683 equity shares of face value AUD 1.00 per equity share
Deal Value: USD 50,000
Funding Source: Cash consideration
Financial Impact: The target entity is yet to commence its commercial operations. No financial impact disclosed regarding revenue contribution, EBITDA impact, margin profile, or accretion/dilution.
Timeline: Acquisition completed on August 26, 2026
Strategic Rationale: Supporting the Company's overseas expansion strategy. The target entity operates in the renewable energy industry.
Approval Status: Completed. Requisite approvals as applicable for investment in an entity incorporated in Australia have been obtained.
Reference Regulation: SEBI Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015
Additional Details:
The target entity was incorporated on March 4, 2026, in Australia
The acquisition does not constitute a related party transaction
No promoter/promoter group/group companies have any interest in the entity being acquired