IEL Limited has announced a strategic expansion into the solar, renewable, and conventional energy sectors, marking a significant shift in the company's business focus. The move aims to position IEL as a comprehensive power solutions provider in India's rapidly evolving energy landscape.

Diversified Energy Portfolio

The company plans to generate, develop, and supply power using a wide range of energy sources, including:

• Solar energy
• Wind power
• Hydroelectric power
• Tidal energy
• Thermal power
• Coal and lignite-based energy
• Wave energy
• Other renewable and non-renewable forms

Infrastructure Development

As part of this expansion, IEL Limited will establish state-of-the-art facilities across various energy sectors:

• Power plants
• Wind turbines and wind parks
• Solar parks and solar energy systems
• Hydel power stations
• Renewable energy systems
• Thermal stations

Manufacturing and Partnerships

IEL will also engage in the manufacture, trade, import, export, and installation of power-related equipment and machinery. The company plans to forge partnerships with other companies, government bodies, and semi-government organizations to deliver reliable power solutions.

Strategic Vision

Ajay Gupta, Managing Director of IEL Limited, emphasized the company's mission: "Our mission is to power progress by combining innovation with sustainability. With our entry into the energy sector, we aim to create a diversified portfolio that addresses the growing demand for clean energy while also supporting conventional power needs."

Focus on Innovation and Efficiency

IEL Limited is committed to modernization and innovation in the energy sector. The company plans to focus on renovation, upgradation, and installation of cutting-edge technology to enhance efficiency and meet India's rising energy requirements.

Long-term Commitment

This strategic expansion reflects IEL Limited's long-term commitment to supporting national and global goals of energy security, sustainability, and inclusive growth. By diversifying into both renewable and conventional energy sectors, the company aims to play a significant role in shaping India's energy future.

Shareholder Approval

In a recent Annual General Meeting, IEL Limited's shareholders approved the alteration of the company's Memorandum of Association to include the new energy-related objectives. The resolution passed with an overwhelming majority, with 99.97% of votes cast in favor of the expansion.

IEL Limited's move into the comprehensive energy sector represents a major pivot for the company, aligning its business strategy with India's growing energy needs and global sustainability trends. As the company embarks on this new journey, stakeholders will be watching closely to see how this diversification impacts IEL's growth and market position in the coming years.

Ambassador Intra Holdings Limited, a significant shareholder in IEL Limited , has reduced its stake in the company through a recent share sale. The transaction, which took place on September 18, 2025, involved the sale of 3,00,000 equity shares of IEL Limited through open market transactions on the Bombay Stock Exchange (BSE).

Transaction Details

The sale has resulted in a notable change in Ambassador Intra Holdings' ownership position in IEL Limited:

This transaction represents a reduction of 0.21 percentage points in Ambassador Intra Holdings' stake in IEL Limited.

Company Information

IEL Limited, the target company of this transaction, has a total equity share capital of Rs. 13,93,92,486, divided into 13,93,92,486 equity shares with a face value of Re. 1 each. The company is listed on the BSE.

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Ambassador Intra Holdings Limited has made the necessary disclosures regarding this sale of shares.

Shareholder Status

It's important to note that Ambassador Intra Holdings Limited is not part of the promoter or promoter group of IEL Limited. The company made this clear in its regulatory filing, emphasizing its position as an external investor.

The sale was executed through open market transactions on the BSE, aligning with standard practices for such stake reductions. This move by Ambassador Intra Holdings could be part of its investment strategy or portfolio rebalancing efforts.