Orient Green Power to disinvest 57.92% stake in Sanjog Sugars and Eco-Power

Orient Green Power Company Ltd. | Power Generation/Distribution | Power | BSE: 533263 | NSE: GREENPOWER

04 May 2019 Evaluate

Orient Green Power Company has received approval to disinvest its entire holding of 9,18,954 equity shares (aggregating 57.92%) held in Sanjog Sugars and Eco-Power (Bio Mass Subsidiary) in favour of Soorya Eco Power as per Share Purchase Agreement (SPA) executed by the company with Soorya Eco Power.

The Board of Directors of the Company at its meeting held on May 02, 2019 has approved the same.

Orient Green Power Company are the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity.

Peers

Company Name	CMP
NTPC	321.00
Tata Power	362.00
Adani Power	196.30
Power Grid Corpn.	262.20
Adani Energy Solut.	1286.65
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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