Sampann Utpadan sells wind energy segment for ₹2.45 crore

1 min read     Updated on 25 Jun 2026, 04:19 AM
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AI Summary

Sampann Utpadan India Limited has approved the sale of its Non-Conventional Energy (Wind Mill) segment to Viiid Green Power Private Limited and Viiid Emissions Reduction Universal Private Limited for ₹2.45 crore. The Board sanctioned the disposal on June 24, 2026, as the segment is no longer strategic. The transaction involves assets in Karnataka and Rajasthan, with a turnover of ₹28.50 lakh and a net worth of ₹43.18 crore.

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Sampann Utpadan India Limited has approved the sale of its Non-Conventional Energy (Wind Mill) segment to Viiid Green Power Private Limited and Viiid Emissions Reduction Universal Private Limited for ₹2.45 crore. The Board of Directors sanctioned the disposal on June 24, 2026, determining the segment is no longer strategic for the company's future operations. The buyers will acquire assets in Karnataka and Rajasthan, and the transaction is expected to be completed within six months.

The Non-Conventional Energy segment generated a turnover of ₹28.50 lakh in the last financial year, representing 0.20% of the company's total turnover. The net worth attributable to the undertaking is ₹43.18 crore. The company stated that the disposal will enable it to optimise resources and improve operational efficiency. Proceeds from the cash sale may be utilized for business expansion, working capital requirements, or other corporate purposes.

The filing confirms that neither buyer belongs to the promoter, promoter group, or group companies. The agreement was signed on June 24, 2026. The Board meeting commenced at 12:30 P.M. and concluded at 12:50 P.M. the same day.

Details of the Sale

Particulars Details
Name of undertaking/division being sold Non-Conventional Energy (Wind Mill)
Name of the purchaser Viiid Green Power Private Limited (For Karnataka) and Viiid Emissions Reduction Universal Private Limited (For Rajasthan)
Area of business Karnataka and Rajasthan
Turnover/revenue (last financial year) ₹28.50 Lakh
Percentage of total turnover 0.20%
Net worth attributable to undertaking ₹43.18 Crore
Consideration to be received ₹2.45 Crore
Manner of consideration Cash
Whether a related party transaction No
Expected date of completion Within 6 Months from the date of Board Meeting

Historical Stock Returns for Sampann Utpadan

1 Day5 Days1 Month6 Months1 Year5 Years
-0.04%-6.78%+2.35%-19.78%+0.07%+290.21%

What specific areas of business expansion will Sampann Utpadan prioritize with the proceeds from this sale?

How will the divestment of the wind mill segment impact the company's overall profitability and debt profile?

Will the company pursue further divestments of other non-core assets to streamline operations?

Sampann Utpadan promoters report no encumbrance in FY26

1 min read     Updated on 24 Jun 2026, 01:07 AM
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Sampann Utpadan India Limited disclosed that its promoters and promoter group did not create any encumbrance during the financial year ended March 31, 2026. The declaration was submitted to BSE and NSE pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was signed by Company Secretary Saurabh Agrawal on April 7, 2026.

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Sampann Utpadan India Limited disclosed that its promoters and promoter group did not create any encumbrance, directly or indirectly, during the financial year ended March 31, 2026. The declaration was submitted to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing confirms that the promoters, along with any persons acting in concert, have not made any encumbrance on shares throughout the specified period. This disclosure is a mandatory yearly requirement under the aforementioned regulations.

The document was addressed to the Manager of BSE Limited and the Assistant Vice President of NSE Limited. It included the company's Corporate Identity Number (CIN) L40106GJ2010PLC091880 and scrip details for both exchanges.

The declaration was signed by promoters Sachin Agarwal, Shikha Agarwal, Aanjanayac Agarwal, and Anadyac Agarwal. It was also signed on behalf of Sampast Vikas Limited and Superteck Printing Private Limited. The submission was authenticated by Company Secretary Saurabh Agrawal on April 7, 2026.

Entity Role
Sampann Utpadan India Limited Target Company
Sampast Vikas Limited Promoter Group
Superteck Printing Private Limited Promoter Group

Historical Stock Returns for Sampann Utpadan

1 Day5 Days1 Month6 Months1 Year5 Years
-0.04%-6.78%+2.35%-19.78%+0.07%+290.21%

What strategic capital allocation plans do the promoters have given the absence of share encumbrances?

How might this clean encumbrance status impact the company's ability to raise future equity capital?

Could this disclosure signal potential mergers, acquisitions, or stake sales in the near future?

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