ORIANA
Oriana Power Limited
NSEFiling History
Recent corporate announcements and filings for ORIANA
Routine
Positive
2026-05-30 16:58
Oriana Power Limited submitted the Structured Digital Database (SDD) Compliance Certificate for the financial year 2025-26. The certificate, issued by M/s Surya Gupta & Associates on May 30, 2026, confirms the company's adherence to SEBI (Prohibition of Insider Trading) Regulations, 2015, with no non-compliance observed regarding the maintenance of the SDD.
Financials
Positive
2026-05-29 04:38
CRITICAL RED FLAG DETECTED
Oriana Power Limited reported strong consolidated financial results for FY26. Revenue from operations increased to ₹1,813.67 Cr from ₹987.17 Cr, marking an 83.7% YoY growth. EBITDA grew by 73.4% YoY to ₹425.37 Cr from ₹245.39 Cr. Net Profit (PAT) rose 59.1% YoY to ₹252.34 Cr from ₹158.57 Cr. EBITDA Margin contracted slightly from 24.86% to 23.45% (▼141bps). The company also announced a credit rating upgrade to A-/Stable and several new projects, partnerships, and strategic initiatives in energy generation and storage.
Governance
Neutral
2026-05-29 01:24
Oriana Power Limited's Board of Directors, at its meeting on May 28, 2026, approved the re-appointment of M/s. MVM Jain & Associates, Chartered Accountants, as the Internal Auditors for the Financial Year 2026-27.
Business Update
Positive
2026-05-29 01:08
Oriana Power Limited's Board approved the sale of its entire stake (74% share capital) in certain solar asset subsidiaries to Helioact Power India 1 Private Limited, a group entity of Actis GP LLP. The aggregate estimated enterprise value is INR 954,00,00,000/- (Rupees Nine Hundred Fifty-Four Crore Only). The transaction, approved on May 28, 2026, is subject to regulatory and shareholder approvals and is expected to complete within 180 days.
Business Update
Positive
2026-05-28 23:45
Oriana Power Limited's Board noted a proposal on May 28, 2026, to divest up to 74% stake in certain subsidiaries as a capital re-cycling strategy for organic and inorganic growth. The company has received a draft binding offer for an aggregate base purchase consideration of up to ₹154.99 crores. The final agreement is currently under negotiation, and further details will be disclosed upon signing.
Financials
Positive
2026-05-28 22:56
Consolidated Revenue ₹1,81,367.23 Lakhs vs ₹98,716.60 Lakhs (▲83.72% YoY), EBITDA ₹39,702.25 Lakhs vs ₹23,449.24 Lakhs (▲69.31% YoY), PAT ₹25,233.88 Lakhs vs ₹15,856.86 Lakhs (▲59.14% YoY). EBITDA Margin 21.89% vs 23.75% (▼186bps).
Business Update
Positive
2026-05-20 15:23
Oriana Power Limited has incorporated ECOHYDROGEN PRIVATE LIMITED as a new wholly-owned step-down subsidiary on May 20, 2026. The new entity, with an authorized capital of ₹100,000, is established to engage in the generation of power and electric energy, signifying an expansion into the energy sector.
Business Update
Positive
2026-05-20 15:23
Oriana Power Limited announced the incorporation of BESSCORE STORAGE PRIVATE LIMITED as its wholly-owned step-down subsidiary. The new entity, incorporated on May 19, 2026, has an authorized capital of ₹1 lakh and will focus on the generation of power and electric energy.
Business Update
Positive
2026-05-20 15:23
Oriana Power Limited announced the incorporation of HYDROGEN SOLUTIONS PRIVATE LIMITED as a wholly-owned step-down subsidiary on May 20, 2026. The new entity, operating in the generation of power and electric energy, is a wholly-owned subsidiary of OPL Hydrogen Services Private Limited, which in turn is a wholly-owned subsidiary of Oriana Power Limited. The acquisition was for cash consideration at par. The company is yet to commence business operations.
Business Update
Positive
2026-05-19 20:35
Oriana Power Limited has incorporated FUTUREBESS STORAGE PRIVATE LIMITED as a wholly-owned step-down subsidiary on May 19, 2026. The new subsidiary, with an authorized capital of Rs. 100,000, is established to engage in the generation of power and electric energy and is yet to commence business operations.
Business Update
Positive
2026-05-19 20:32
Oriana Power Limited announced the incorporation of SOLAREDGE ENERGY PRIVATE LIMITED as its wholly-owned step-down subsidiary, effective May 14, 2026. The new entity, with an authorized capital of ₹1 lakh, is established for the generation of power and electric energy, signaling the company's expansion in its core business sector.
Business Update
Positive
2026-05-19 20:32
Oriana Power Limited has announced the incorporation of a new step-down subsidiary named SOLARTECH ENERGY PRIVATE LIMITED on May 14, 2026. This entity is a wholly-owned subsidiary of OPL Solar Services Private Limited, which is itself a wholly-owned subsidiary of Oriana Power Limited. The new subsidiary's authorized capital is ₹100,000 and its line of business is the generation of power or electric energy. It is yet to commence business operations.
Governance
Positive
2026-04-28 17:50
Oriana Power Limited declared the results of its Postal Ballot. Thirteen resolutions, primarily concerning Material Related Party Transactions, were approved by shareholders with the requisite majority. The e-voting concluded on April 24, 2026.
Business Update
Positive
2026-04-27 22:00
Oriana Power Limited invested ₹80.11 Cr to acquire 62,16,000 shares in its subsidiary, Truere Current Private Limited, via a Rights Issue. This investment supports the development of a Battery Energy Storage System (BESS) for solar power plants, enhancing efficient energy management.
Business Update
Positive
2026-04-24 21:23
Oriana Power Limited acquired 9,324,000 equity shares of its subsidiary, Truere Guj SPV Private Limited, for ₹12,01,68,600 through a Rights Issue. This investment supports the development of a Battery Energy Storage System for a solar power plant, enhancing the company's renewable energy capacity.
Business Update
Positive
2026-04-18 17:14
Oriana Power Limited announced the incorporation of EVERCORE PROJECTS PRIVATE LIMITED as a wholly-owned subsidiary on April 07, 2026. The new subsidiary will focus on power generation, EPC, O&M, and other activities related to electric energy, including conventional and non-conventional sources.
Business Update
Positive
2026-04-18 17:14
Oriana Power Limited announced the incorporation of POWERAXIS SERVICES PRIVATE LIMITED as a wholly-owned subsidiary on April 07, 2026. This new entity will focus on generation, EPC, and maintenance of power projects across conventional and non-conventional energy sources.
Business Update
Positive
2026-04-18 17:14
Oriana Power Limited has incorporated BLUEPLANET ENERGY PRIVATE LIMITED as a wholly-owned subsidiary. The new entity, incorporated on April 07, 2026, will focus on power generation, EPC, and operation & maintenance of power projects, with nil turnover currently.
Business Update
Positive
2026-04-18 17:14
Oriana Power Limited incorporated COREGRID PROJECTS PRIVATE LIMITED as a wholly-owned subsidiary on April 07, 2026. The new subsidiary, with an authorized capital of Rs. 1 lakh, will focus on power generation, EPC of power projects, and operation & maintenance services.
Business Update
Positive
2026-04-18 17:14
Oriana Power Limited incorporated NOVAGRID ENERGY PRIVATE LIMITED as a wholly-owned subsidiary on April 07, 2026. The new entity, with an authorized capital of ₹100,000, will focus on generation of power, EPC of power projects, and operation & maintenance, expanding Oriana Power's presence in the energy sector.