Orient Green Power Company’s promoter - Shriram Industrial Holdings has sold 7,661,400 equity shares of the company of face value Rs 10 each, representing 1.349% of the equity share capital of the company, through an offer for sale undertaken on May 20, 2014 exclusively through the separate window provided by the National Stock Exchange (NSE).
Pursuant to the sale, the shareholding of the Promoter shall stand reduced to 163,608,446 equity shares representing 28.80% of the voting share capital from the earlier shareholding of 171,269,846 equity shares representing 30.15 % of the voting share capital of the company, and the aggregate shareholding of the Promoter and Promoter group companies in the company shall stand reduced to 426,058,596 equity shares representing 75% of the voting share capital from the earlier shareholding of 433,719,996 equity shares presenting 76.35% of the voting share capital of the company.
Orient Green Company is leading Indian independent renewable energy-based power Generation Company focused on developing, owning and operating a diversified portfolio of renewable energy power plants. The company is the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
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