Orient Green Power Company Limited has informed the Exchange regarding 'Disclosure under Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
GREENPOWER · price
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Awaiting price reaction for this filing.
Orient Green Power's material subsidiary, Beta Wind Farm Private Limited, received Rs. 9.31 crore on July 22, 2025, following a favorable award from the RBI Ombudsman, Thiruvananthapuram, in its dispute against Bank of Baroda. This is in compliance with the award that was originally issued in January 2024. The company has stated that this receipt will increase profitability for the current quarter and the full financial year by Rs. 9.31 crore. This is a follow-up disclosure to an earlier intimation made on January 12, 2024. The funds have now been realized and credited to the subsidiary.
Positive for shareholders — the company will see a Rs. 9.31 crore boost to current quarter and full-year profitability, representing meaningful earnings accretion. This removes uncertainty around the award's realization and confirms cash inflow to the subsidiary.