Divine Power Energy Limited — Board Meeting, 12-01-2026: Outcome of Board Meeting
12-01-2026 | 10:31 pm
12-01-2026 | 10:31 pm
Divine Power Energy's board approved merging with Viraj Upkram. Deal: 4 DPEL shares for every 1 Viraj Upkram share. Viraj (assets ~INR 74.74 Cr, turnover ~INR 132.56 Cr as of Mar'25) brings operational synergies. DPEL's promoter stake rises to 70.80%. Aims for efficiency and simplification. Subject to approvals.
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