EKI Energy Services Limited (EKI) has taken a significant step towards restructuring its business operations by filing an application with the National Company Law Tribunal (NCLT), Indore Bench. The company is seeking approval for the de-merger of its Generation Business into its wholly owned subsidiary, EKI One Community Projects Limited.

Application Details

The application, filed under Sections 230-232 of the Companies Act, 2013, bears the filing number 2315106/00716/2025. EKI has requested the NCLT to provide directions for conducting meetings of its members and unsecured creditors. Additionally, the company has asked for a dispensation from holding a meeting of secured creditors.

Timeline of Events

This move follows earlier intimations made by the company on February 10, 2025, and June 23, 2025, indicating that this de-merger has been in the planning stages for some time. The recent filing on August 26, 2025, marks a concrete step towards implementing this corporate restructuring.

Regulatory Compliance

In compliance with regulatory requirements, EKI Energy Services has promptly informed the BSE Ltd about this development. The company's shares are listed on the BSE under the scrip code 543284.

Next Steps

The company has stated that further updates regarding the de-merger process will be made available on the stock exchange website as they become available. Interested parties can also find information on the company's official website at www.enkingint.org .

Implications

This de-merger, if approved, could potentially streamline EKI Energy Services' operations by separating its Generation Business into a distinct entity. Such corporate restructuring often aims to enhance operational efficiency and create more focused business units.

Investors and stakeholders will be keenly watching the NCLT proceedings and subsequent developments as this corporate action unfolds. The outcome of this application could have significant implications for the company's future structure and operations.

EKI Energy Services Limited , a leading player in climate change and sustainability advisory services, has announced several key corporate developments along with its financial results for the first quarter.

Board Reappointments

The company's Board of Directors has approved the re-appointment of two Non-Executive Independent Directors, Mr. Ritesh Gupta and Mr. Burhanuddin Ali Husain Maksi Wala, for a second term of five years, effective from November 5, 2025. Both appointments are subject to shareholder approval at the upcoming Annual General Meeting.

Mr. Ritesh Gupta, known for his expertise in compliance management and insolvency matters, brings valuable experience in implementing effective compliance programs and navigating complex financial situations. Mr. Burhanuddin Ali Husain Maksi Wala, proficient in statutory compliance and regulatory law, offers deep insights into managing legal obligations across various domains, including labor, tax, and company laws.

Change in Registrar and Share Transfer Agent

As part of its cost optimization strategy, EKI Energy Services has decided to change its Registrar and Share Transfer Agent. The company has served a notice of termination to M/s Bigshare Services Private Limited and has approved the appointment of M/s Ankit Consultancy Private Limited as the new Registrar and Share Transfer Agent.

During the transition period, Bigshare Services will continue to provide RTA services until the complete transfer of the database and electronic connectivity to Ankit Consultancy is completed. The effective date of this transition will be communicated in due course.

Q1 Financial Results

EKI Energy Services has reported its unaudited standalone financial results for the quarter ended June 30:

The company's revenue from operations for Q1 stood at ₹1,473.05 lakhs, compared to ₹4,167.76 lakhs in the same quarter of the previous year. The total income for the quarter was ₹2,113.79 lakhs, down from ₹4,458.64 lakhs in Q1 of the previous fiscal year.

EKI Energy Services reported a profit of ₹3.93 lakhs for the quarter, a significant decrease from the ₹348.29 lakhs profit recorded in the corresponding quarter of the previous year.

Other Corporate Actions

The company has also appointed M/s Agrawal Mundra & Associates as its Secretarial Auditor for a term of five consecutive years, starting from the financial year 2025-26 to 2029-30, subject to shareholder approval.

Additionally, EKI Energy Services announced that its 14th Annual General Meeting will be held on Friday, September 26, 2025, through video conferencing.

These corporate actions reflect EKI Energy Services' commitment to maintaining strong governance practices and optimizing its operations as it continues to navigate the dynamic climate change and sustainability advisory sector.