EKI Energy Services Limited (EKIESL), a prominent player in the renewable energy sector, has announced the incorporation of a new wholly owned subsidiary, EKI Greengas Solutions Private Limited. This strategic move marks EKIESL's expansion into the biogas and related renewable energy products market.

Subsidiary Details

EKI Greengas Solutions Private Limited was incorporated with the following key details:

• Corporate Identity Number (CIN): U74900MP2025PTC079196
• Authorized Share Capital: Rs. 15.00 lakhs
• Paid-up Share Capital: Rs. 10.00 lakhs

EKIESL has acquired 100% shareholding in the new subsidiary through a cash subscription, subscribing to 1,00,000 equity shares at a face value of Rs. 10.00 each.

Business Focus

The newly formed subsidiary will operate in the renewable energy industry, focusing on:

1. Manufacturing, trading, and distribution of biogas and related renewable energy products and technologies
2. Providing consulting, research, and services related to:
   • Biomass
   • Biochar
   • Carbon capture
   • Operation of biogas plants and infrastructure

Regulatory Compliance

In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, EKIESL has duly informed the BSE Limited about this development. The company's Company Secretary & Compliance Officer, Itisha Sahu, submitted the required disclosures.

Shareholding Structure

EKIESL has subscribed to 99,999 equity shares at the face value of Rs. 10.00 each, totaling Rs. 9,99,990.00. Additionally, Mr. Mohit Kumar Agarwal has subscribed to 1 (One) equity share as a Nominee Shareholder on behalf of EKI Energy Services Limited, maintaining the 100% ownership structure.

Future Prospects

While EKI Greengas Solutions Private Limited is yet to commence business operations, this strategic incorporation aligns with the growing focus on renewable energy solutions. The subsidiary's diverse portfolio, ranging from biogas production to carbon capture technologies, positions EKIESL to capitalize on the expanding green energy market.

As the renewable energy sector continues to evolve, EKIESL's expansion into biogas and related technologies through this new subsidiary could potentially open up new revenue streams and strengthen its position in the sustainable energy landscape.

EKI Energy Services Limited (EKIESL) has taken a significant step forward in its proposed demerger plan, following an order from the National Company Law Tribunal (NCLT), Indore Bench. The tribunal has directed the company to convene meetings of its equity shareholders and unsecured creditors to consider and approve the scheme of demerger with EKI One Community Projects Limited.

Key Meeting Details

• Equity Shareholders Meeting: Scheduled for November 7, 2025, at 3:30 PM IST
• Unsecured Creditors Meeting: Set for November 7, 2025, at 2:00 PM IST
• Meeting Format: Both meetings to be held through video conferencing

Demerger Scheme Overview

The proposed demerger involves separating EKIESL's Generation Segment, where carbon credits are issued from company-owned projects, into the resulting company, EKI One Community Projects Limited. This subsidiary is currently wholly owned by EKIESL. Post-demerger, EKIESL will retain its Trading and Other Business Segment operations.

Dispensations and Approvals

• The NCLT has dispensed with the requirement to hold meetings for secured creditors of EKIESL, having received consent affidavits from all relevant parties.
• Similarly, meetings for shareholders of EKI One Community Projects Limited have been dispensed with.
• The scheme remains subject to applicable regulatory and other approvals.

Strategic Rationale

The demerger is aimed at achieving several strategic objectives:

1. Enhanced Focus: Enable greater attention and focus on the Trading & Other Business Segment within EKIESL.
2. Efficient Management: Facilitate better and more efficient management of distinct business activities.
3. Independent Growth: Allow the Generation Segment to grow as an independent profit center, reducing third-party dependency.
4. Unlocking Value: Potentially unlock the value of the Generation Division business and attract investors and strategic partners.
5. Operational Synergies: Achieve synergy of operations and lead to greater internal control on business processes.

Financial Implications

Both EKIESL and EKI One Community Projects Limited are expected to reflect positive net worth upon the demerger becoming effective.

Next Steps

Shareholders and unsecured creditors will receive detailed notices about the upcoming meetings, including information on how to access and participate in the video conferencing sessions. The company will also publish advertisements in 'Free Press Journal' (English) and 'Dainik Bhaskar' (Hindi) to inform stakeholders about the meetings.

EKI Energy Services Limited's move towards this corporate restructuring reflects its strategy to optimize its business operations and create focused entities that can potentially drive greater value for stakeholders. As the demerger process progresses, market participants will be keenly watching for the outcome of the upcoming meetings and subsequent regulatory approvals.