Acquisition / mergerFiled on BSE ·
KPI Green Energy's subsidiary SDEL acquires 62.91% stake in DMGEL
KPI Green Energy · Power
What the filing says
- On September 26, 2026, Sun Drops Energia Limited (SDEL) acquired 1,07,47,760 equity shares of DMGEL, representing 62.91% of paid-up equity capital.
- DMGEL became a subsidiary of SDEL and a step-down subsidiary of KPI Green Energy Limited per Companies Act, 2013.
- Prior disclosure was made on August 21, 2026, including SEBI-required annexure; acquisition info received from SDEL on September 26, 2026 at 10:30 a.m.
Original filing
Announcement under Regulation 30 (LODR)-Updates on Acquisition
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.