Merger11 May 2026, 04:41 pm
Orient Green Power Approves Merger of Subsidiaries
AI Summary
Orient Green Power Company Ltd's board approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. Additionally, the board approved the merger of M/s. Bharath Wind Farm Limited and M/s. Orient Green Power Europe B.V, both wholly-owned subsidiaries, into Orient Green Power Company Limited, subject to shareholder and regulatory approvals. The mergers aim to simplify the group structure and reduce administrative expenses.
Key Highlights
- Standalone and consolidated audited financial results for FY26 approved.
- Merger of Bharath Wind Farm Limited into Orient Green Power approved.
- Merger of Orient Green Power Europe B.V into Orient Green Power approved.
- Mergers are subject to shareholder and regulatory approvals.
- Mergers aim to simplify structure and reduce expenses.
Price Impact
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