GRP Limited Completes First Tranche Investment in BECIS Solar 5 Private Limited

1 min read Updated on 12 Jan 2026, 06:38 PM

Reviewed by

Radhika SScanX News Team

Overview

GRP Limited has completed its first tranche investment of ₹3,54,865 in BECIS Solar 5 Private Limited, acquiring a 26% stake through subscription of 3,51,351 equity shares. The investment, part of the company's solar power procurement strategy, follows previous intimations made in November 2025 and demonstrates GRP's commitment to renewable energy solutions.

*this image is generated using AI for illustrative purposes only.

GRP Limited has successfully completed the first tranche of its strategic investment in BECIS Solar 5 Private Limited, marking a significant step in the company's renewable energy procurement initiative. The investment, announced on January 12, 2026, demonstrates GRP's commitment to sustainable energy solutions.

Investment Details

The company has subscribed to and been allotted equity shares in BECIS Solar 5 Private Limited with the following specifications:

Parameter:	Details
Number of Shares:	3,51,351
Face Value per Share:	₹1.00
Premium per Share:	₹0.01
Total Investment Amount:	₹3,54,865
Stake Acquired:	26% of issued and paid-up share capital

Strategic Context

This investment represents the first tranche of a larger transaction that GRP Limited had previously announced. The company had issued intimations on November 13, 2025, and November 14, 2025, regarding its investment plans in BECIS Solar 5 Private Limited. The primary objective of this investment is to facilitate the procurement of solar power, aligning with the company's sustainability and energy efficiency goals.

Regulatory Compliance

GRP Limited has fulfilled its disclosure obligations under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Limited, ensuring transparency with stakeholders and regulatory compliance.

GRP Limited Promoter Group Executes Inter-se Share Transfer Under SEBI SAST Regulations

1 min read Updated on 09 Jan 2026, 12:14 PM

Reviewed by

Riya DScanX News Team

Add as a preferred
source on Google

Overview

GRP Limited's promoter group executed an inter-se transfer of 1,88,756 shares (3.54%) through gift without consideration on November 25, 2025, while maintaining their overall 22.13% holding at 11,80,400 shares. The disclosure was filed on January 8, 2026, under SEBI SAST regulations following BSE's request for clarification, covering multiple promoter entities led by Rajendra Vadilal Gandhi.

*this image is generated using AI for illustrative purposes only.

GRP Limited 's promoter group has completed an inter-se share transfer under the SEBI Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. The transaction involved multiple promoter entities led by Rajendra Vadilal Gandhi, with the disclosure filed on January 8, 2026, following BSE's request for clarification on the original submission.

Transaction Details

The inter-se transfer involved 1,88,756 shares representing 3.54% of GRP Limited's total share capital. The transaction was executed through gift without consideration, completed on November 25, 2025.

Transaction Parameter:	Details
Shares Transferred:	1,88,756 shares
Percentage of Capital:	3.54%
Mode of Transfer:	Inter-se transfer by way of gift without consideration
Transaction Date:	November 25, 2025
Total Share Capital:	53,33,332 shares

Promoter Group Holdings

The promoter group's overall holding position remained unchanged despite the internal transfer activity. Before and after the transaction, the group maintained identical shareholding levels.

Holding Details:	Before Transaction	After Transaction
Shares with Voting Rights:	11,80,400	11,80,400
Percentage Holding:	22.13%	22.13%
Encumbered Shares:	Nil	Nil
Other Voting Rights:	Nil	Nil

Promoter Group Entities

The disclosure covers multiple entities within the promoter group acting in concert:

Rajendra Vadilal Gandhi
Nayna Rajendra Gandhi
Harsh Rajendra Gandhi
Hemal Harsh Gandhi
Vaishali Rajendra Gandhi
Nehal Rajendra Gandhi
Rajendra Vadilal Gandhi HUF
Harsh Rajendra Gandhi HUF
Harsh Rajendra Gandhi (As trustee of Aarav Trust)
Enarjee Consultancy and Trading Company LLP

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, following BSE's inquiry dated January 5, 2026, regarding discrepancies in the original filing. The revised submission included proper acquisition dates as required under regulatory compliance. GRP Limited's shares are listed on both BSE Limited and National Stock Exchange of India Limited, with BSE scrip code 509152.

The transaction represents an internal reorganization within the promoter group without affecting the overall promoter holding or the company's total share capital structure.

Historical Stock Returns for GRP