Orbit Exports Limited has informed the Exchange about Acquisition
ORBTEXP · price
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Orbit Exports Limited has signed a Share Subscription and Shareholder's Agreement to acquire 26% of the share capital of K&H Constructions Private Limited, a special purpose vehicle being set up for a 2MW Solar Captive Generating Plant in South Gujarat. The deal is a cash transaction valued at up to Rs. 75 Lakhs. The solar power generated will be consumed captively by Orbit Exports, bringing both cost savings and environmental benefits. The target company was incorporated in 2011, has no turnover, and operates in the solar power generation sector. The acquisition is expected to be completed by March 2026 and is not a related party transaction.
This is a small, strategic acquisition aimed at securing cheaper and greener captive power for Orbit Exports' operations. The financial outlay is modest (Rs. 75 Lakhs), so impact on near-term earnings is limited, but it supports long-term cost efficiency and sustainability goals. Likely neutral to mildly positive for the stock.