Beacon Stone Capital VCC and its Persons Acting in Concert (PACs) reduced their stake in CLN Energy Ltd to 4.83% following an open market sale of 270,000 shares on September 16, 2026.

The acquirer group, which includes Astorne Capital VCC – Arven and Astorne Capital VCC - Alpha A2, disclosed the transaction under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the Bombay Stock Exchange and National Stock Exchange on September 17, 2026.

Transaction Details

The group’s holding stood at 779,400 shares, representing 7.39% of the total voting capital, prior to the disposal. The sale of 270,000 shares, equivalent to 2.56% of the equity share capital, brought the post-transaction holding down to 509,400 shares.

What the Numbers Show

The reduction in stake indicates a partial exit strategy by the investment vehicle, moving the group below the 5% threshold often associated with significant institutional block holdings. With the total diluted voting capital remaining unchanged at 10,553,250 shares, the entire change in percentage ownership is attributable solely to the open market divestment rather than any corporate action like rights issues or buybacks.

The acquirer confirmed that none of the shares held are encumbered by pledge or lien. The group is not part of the promoter or promoter group of CLN Energy Ltd.

CLN Energy Limited has fixed September 18, 2026 as the record date for its seventh annual general meeting scheduled for September 25, 2026. The company’s register of members and share transfer books will remain closed from September 18 to September 24, 2026.

The virtual meeting aims to secure shareholder approval for doubling the borrowing limit to ₹1,000 crore, alongside director appointments and related party transactions.

Financial Performance Overview

The company reported consolidated revenue of ₹34,651.23 lakh for FY26, up from ₹21,917.96 lakh in FY25. Consolidated net profit stood at ₹2,054.90 lakh for the year ended March 31, 2026, compared to ₹1,292.19 lakh in the previous fiscal year.

What the Numbers Show

Foreign exchange usage significantly outpaced earnings during FY26. The company earned ₹10,016.99 lakh in foreign exchange but used ₹16,147.92 lakh, resulting in a net outflow of ₹6,130.93 lakh. This contrasts with the previous year’s net outflow of ₹2,742.47 lakh, indicating increased reliance on imported raw materials and capital goods relative to export proceeds.

Key Agenda Items

The meeting will transact the following business:

• Borrowing Limit Enhancement: Shareholders will decide on increasing the borrowing limit from ₹500 crore to ₹1,000 crore under Section 180(1)(c) of the Companies Act, 2013. Proceeds will fund general corporate purposes and working capital.
• Director Appointments: Regularization of Mr. Rahul Bhatnagar as Executive Director and Mr. Sanni Kumar as Whole-time Director, both effective July 1, 2026, for five-year terms.
• Reappointment: Reappointment of Mr. Sunil Gandhi as a director retiring by rotation.
• Related Party Transactions: Approval of loans and inter-corporate deposits up to ₹10 crore with subsidiary CLNGreen Private Limited.
• Cost Auditor: Ratification of remuneration of ₹85,000 for M/s. SAH & Co. for FY27.

Meeting Details

The AGM will be held via Video Conference or Other Audio-Visual Means at 1:00 pm on September 25, 2026. Remote e-voting opens on September 21, 2026, and closes on September 24, 2026. The record date for voting rights is September 18, 2026.