Senior management of Zodiac Energy will participate in an investor and analyst conference on September 30, 2026.

The company disclosed the schedule under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The session is part of Arihant Capital’s Bharat Connect Conference.

Meeting Details

The event will be conducted virtually as a group meeting. Discussions will rely solely on publicly available information, with no unpublished price-sensitive information shared.

Divya Joshi, Company Secretary and Compliance Officer, issued the intimation from Ahmedabad. The schedule remains subject to change due to unexpected exigencies.

Zodiac Energy acquired a 98% ownership interest in eight Limited Liability Partnerships (LLPs) engaged in solar power projects on September 16, 2026. The company completed the acquisitions through direct capital contribution, making the entities its subsidiaries.

The transaction falls under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Zodiac Energy paid a cash consideration of ₹19,600 for each LLP, representing its share of the total capital of ₹20,000 per entity. The total acquisition cost amounted to ₹1,56,800.

Acquisition Details

The acquired LLPs are all involved in setting up solar power plants, producing electricity, and selling solar power. None of the entities reported any turnover for the last three fiscal years (FY23-24, FY24-25, and FY25-26).

Related Party Transaction

The company disclosed that the promoters and promoter group members have an interest in the acquisition as they are acquiring the majority stake. The transactions were undertaken on an arm's length basis and in accordance with applicable laws. No governmental or regulatory approvals were required for these acquisitions.

What the Numbers Show

The acquisition targets are shell-like entities with zero historical revenue, indicating that Zodiac Energy is consolidating project-specific vehicles rather than buying operational assets. The uniform capital structure (₹20,000 total capital with ₹19,600 contributed by Zodiac Energy) across all eight LLPs suggests a standardized approach to holding company formation for future solar developments.