Orient Green Power Company Limited has notified stock exchanges regarding the approval of a merger scheme involving its promoter companies by the National Company Law Tribunal (NCLT).

NCLT Approves Promoter Merger Scheme

The Hon'ble National Company Law Tribunal, Division Bench II-Chennai, has approved the scheme for merger by absorption involving Orient Green Power's promoter companies through its order dated March 10, 2026. The merger involves the consolidation of two promoter entities into a single company.

Impact on Shareholding Structure

Following the approved merger scheme, the shareholding structure of Orient Green Power's promoters will undergo inter-se changes. The shares currently held by NPPL and SEPL in Orient Green Power will be consolidated into SVL Limited as the surviving entity.

Key aspects of the shareholding impact include:

• Shares held by NPPL and SEPL will be transferred to SVL Limited
• Both transferor companies (NPPL and SEPL) will cease to exist post-merger
• The aggregate promoter holding in Orient Green Power remains unchanged at 24.38%

Company's Position in the Merger

Orient Green Power has clarified that it is not a direct party to the merger scheme. The company's role is limited to informing stakeholders about the development as it affects the promoter shareholding pattern. The notification was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company secretary G. Srinivasa Ramanujan signed the disclosure on March 13, 2026, ensuring compliance with regulatory requirements for timely disclosure of material events affecting the company's shareholding structure.

Orient Green Power Company Limited has announced a significant development in its wind power operations through its subsidiary's partnership with Suzlon Southern Projects Limited. The company disclosed this information to stock exchanges on February 27, 2026, in compliance with regulatory requirements.

Agreement Details and Scope

Clarion Wind Farm Private Limited, a material stepdown subsidiary of Orient Green Power, executed a supervision, erection and commissioning agreement with Suzlon Southern Projects Limited on February 26, 2026. The agreement encompasses comprehensive project management services for wind power infrastructure development.

Project Scope and Services

Under the agreement, Suzlon Southern Projects Limited will serve as the contractor for carrying out supervisory works, pre-commissioning works, and commissioning works for the repowering of the existing 6.3 MW wind farm. The project involves upgrading existing wind power infrastructure to enhance operational efficiency and power generation capacity.

The scope of work includes:

• Supervisory services for project execution
• Pre-commissioning activities and testing
• Complete commissioning of the repowered wind facility
• Technical oversight throughout the project lifecycle

Regulatory Compliance and Disclosure

The company made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with Schedule III requirements and SEBI Master Circular dated November 11, 2024. The agreement represents a continuation of the repowering initiative that was initially communicated to exchanges on January 29, 2026.

Strategic Significance

This agreement marks an important step in Orient Green Power's wind energy portfolio enhancement through its subsidiary operations. The repowering project at the Tamil Nadu facility demonstrates the company's commitment to upgrading existing infrastructure to improve operational performance and energy output efficiency.