Oriana Power Management Change
Oriana Power Limited re-appointed M/s. MVM Jain & Associates as Internal Auditors for FY 2026-27. This ensures continued compliance and oversight of its financial and internal controls.
- Execution
- Financial Year 2026-27
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Oriana Power Limited re-appointed M/s. MVM Jain & Associates as Internal Auditors for FY 2026-27. This ensures continued compliance and oversight of its financial and internal controls.
Oriana Power approved selling its 74% stake in solar subsidiaries to Helioact Power for ₹954 Crore. The transaction will complete within 180 days upon shareholder approval.
Oriana Power received a ₹154.99 Crore binding offer to divest up to 74% stake in certain subsidiaries. This strategic capital re-cycling supports organic and inorganic growth.
Oriana Power Ltd reported revenue from operations of ₹1,032 Cr (+64.5% YoY) and net profit of ₹130.9 Cr (+19.0% YoY) for H2 FY26.
Oriana Power reported audited consolidated total income of ₹1,841.02 Crore for FY26. The results show significant growth and were approved by the board today.
Oriana Power scheduled a board meeting for May 28, 2026, to approve audited annual financial results. The company's trading window remains closed until May 30, 2026.
Oriana Power's step-down subsidiary acquired Futurebess Storage Private Limited for ₹0.01 Crore. The acquisition expands the group's presence in the power and electric energy generation sector.
Oriana Power Limited incorporated SOLAREDGE ENERGY PRIVATE LIMITED as a new step-down subsidiary. The entity focuses on power generation and has ₹0.01 Crore authorized capital.
Oriana Power Limited announced the successful passage of 13 resolutions via postal ballot with requisite majority. The resolutions primarily concern material related party transactions with various Truere entities. Voting concluded on April 24, 2026, and results were formally declared based on the Scrutinizer's Report.
Oriana Power Limited invested ₹8.01 Crore to acquire 62,16,000 equity shares in its subsidiary, Truere Current Private Limited. The investment, made via a rights issue, supports the development of a Battery Energy Storage System (BESS). Post-acquisition, Oriana Power's shareholding remains unchanged at 74%.
Oriana Power Limited acquired 93,24,000 equity shares in its subsidiary, Truere Guj SPV Private Limited, for ₹12.02 Crore. The investment supports the development of a Battery Energy Storage System (BESS) for a solar project. Post-acquisition, the company's shareholding remains unchanged at 74%.
Oriana Power Limited acquired a 1% stake in Coregrid Projects Private Limited for ₹0.01 Crore. The acquisition aligns with the company's focus on power generation, EPC projects, and consultancy. This move marks the initial step towards expanding its operational footprint in the electrical energy sector.
Oriana Power Limited acquired 100% of Blueplanet Energy Private Limited for ₹0.01 Crore. The target entity focuses on power generation and EPC services, aligning with the company's core business in renewable energy and infrastructure.
Oriana Power Limited has acquired a 1% stake in Evercore Projects Private Limited for ₹0.01 Crore. The target company operates in power generation and energy services. This strategic acquisition aligns with Oriana's core business in renewable energy and EPC services.
Oriana Power Limited acquired 100% ownership of NovaGrid Energy Private Limited for ₹0.01 Crore in cash. The target entity specializes in power generation and renewable energy solutions, including green hydrogen and solar energy. This acquisition aligns with Oriana's strategic expansion into diverse energy sectors and infrastructure development.
Oriana Power Limited acquired 100% ownership in Poweraxis Services Private Limited for ₹0.01 Crore. The target entity specializes in power generation, EPC, and operation and maintenance services. The acquisition strengthens Oriana Power's presence in the renewable energy and power distribution sectors.
Oriana Power Limited incorporated a new wholly owned subsidiary, EVERCORE PROJECTS PRIVATE LIMITED, on April 07, 2026. The new entity has an authorized capital of ₹0.01 Crore and will focus on power generation, EPC, and renewable energy projects. This move aligns with the company's expansion in the sustainable energy sector.
Oriana Power Limited has incorporated BLUEPLANET ENERGY PRIVATE LIMITED as a wholly owned subsidiary on April 07, 2026. The new entity, with an authorized capital of ₹0.01 Crore, will focus on power generation, EPC projects, and electrical appliance trading. This move expands the company's operational footprint in the renewable energy and power supply sectors.
Oriana Power Limited incorporated a wholly owned subsidiary, COREGRID PROJECTS PRIVATE LIMITED, on April 07, 2026. The new entity, with an authorized capital of ₹0.01 Crore, will focus on power generation, EPC projects, and electrical consultancy. This expansion aligns with the parent company's core business in the energy sector.
Oriana Power Limited has incorporated a new wholly owned subsidiary, NOVAGRID ENERGY PRIVATE LIMITED, with an authorized capital of ₹0.01 Crore. The subsidiary will focus on power generation, EPC projects, and renewable energy infrastructure.
Oriana Power Limited incorporated a new wholly owned subsidiary, POWERAXIS SERVICES PRIVATE LIMITED, with an authorized capital of ₹0.01 Crore. The subsidiary will focus on power generation, EPC projects, and renewable energy consulting. This expansion aligns with the parent company's core business in the energy sector.
Oriana Power Limited submitted a compliance certificate for the quarter ended March 31, 2026, as per SEBI regulations. The Registrar and Share Transfer Agent confirmed that no physical shares were received for dematerialisation during this period. This is a routine regulatory filing with no material financial impact.