Further to our intimations dated May 19, 2025 and August 28, 2025, regarding allotment of 17,60,000 equity shares of Rs. 10/- per equity shares of Amplus Ampere Private Limited ( Amplus ), we wish to inform you that the Company has transferred /disinvested 17,59,999 equity shares of Rs 10/- each (3.12%) for a consideration of Rs. 1,75,99,990/- to Amplus Energy Solutions PTE Ltd, on January 20, 2026 as per the terms contained in Share Subscription and Shareholders Agreement to maintain compliance with Group Captive norms. Kindly note that Amplus Energy Solutions PTE Ltd is not a related party.
EVERESTIND · price
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Everest Industries has sold 17,59,999 equity shares (3.12% stake) of Amplus Ampere Private Limited to Amplus Energy Solutions PTE Ltd for a total consideration of Rs. 1,75,99,990 (approx Rs. 1.76 crore). The transaction was completed on January 20, 2026. The sale was carried out as per the terms of an earlier Share Subscription and Shareholders Agreement to ensure compliance with Group Captive norms. The buyer, Amplus Energy Solutions PTE Ltd, is not a related party to the company. This follows earlier intimations dated May 19, 2025 and August 28, 2025 regarding allotment of shares in Amplus Ampere.
This is a routine, compliance-driven transaction with a very small financial impact (less than Rs. 2 crore). It is unlikely to materially affect the stock price or shareholder value, as the company is simply unwinding a minor stake to meet regulatory requirements rather than making a strategic exit.