In continuation of our earlier intimation dated 25.09.2025 where SRM Energy Ltd. ("the Company") had informed the STX about execution of the Share Purchase Agreement dated b/w Spice Energy ....
Awaiting price reaction for this filing.
SRM Energy Ltd has informed BSE that the Share Purchase Agreement (SPA) between Spice Energy Private Limited (the seller) and Mr. Umesh Narpatchand Sanghvi along with Mrs. Sapna Sanghvi (the acquirers) has been completed. A total of 64,50,000 equity shares have been transferred from Spice Energy Private Limited to the acquirers. Following this transfer, the acquirers are now classified as the 'Promoters' of the Company. Spice Energy Private Limited and its wholly owned subsidiary Nyra Holdings Private Limited have ceased to be part of the Promoter/Promoter Group with immediate effect. The disclosure is made under Regulation 31A(10) of SEBI Listing Regulations and follows an Open Offer via a Letter of Offer dated February 3, 2026.
This is a significant change in control at the promoter level — a complete change in the promoter identity of SRM Energy. Shareholders should expect the new promoters to potentially influence strategic direction, and the exit of the previous promoter group may bring changes in management or business focus. Watch for any post-acquisition announcements from the new promoters.