StockWatch
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Power Generation
Shareholding25 Sept 2026, 05:51 pm

Orient Green Power: Promoter Janati Bio Power Extends Share Pledge

AI Summary

Orient Green Power Company Ltd has announced that its promoter, Janati Bio Power Pvt Ltd, has extended an existing pledge on 28,59,52,084 shares, representing 24.38% of the total share capital. This extension, dated September 22, 2026, is for securing additional debt by SVL Limited, another promoter company, as per an amended debenture trust deed. The number of shares encumbered remains unchanged, with Catalyst Trusteeship Limited acting as the debenture trustee. This disclosure was made on September 24, 2026, under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Janati Bio Power extends pledge on 24.38% stake.
  • Pledge extension secures additional debt for SVL Limited.
  • No new shares are being pledged; existing pledge is extended.
  • Disclosure made under SEBI Takeover Regulations.
  • Catalyst Trusteeship acts as debenture trustee.