ENVIRO INFRA ENGINEERS LIMITED — M&A Activity 2025

Aug 21, 2025

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Date: 21[st] August, 2025

To To National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E), Mumbai – 400 051 Mumbai – 400001 Scrip Symbol: EIEL Scrip Code: 544290

Sub: Acquisition of Vento Power Infra Private Limited

Dear Sir/Madam,

Vide our letter dated 23.06.2025, it was informed that the Company had won the bid and consequently received Letter of Intent (LOI) from PTC India Financial Services Limited for acquisition of Vento Power Infra Private Limited, subject to necessary due diligence.

In this regard, we wish to inform that the Company through its Wholly Owned Subsidiary i.e. EIE Renewables Private Limited has acquired Vento Power Infra Private Limited and entered into definitive agreements with PTC India Financial Services Limited on 20.08.2025. Deloitte Touche Tohmatsu India LLP acted as sell side transaction advisor along with Saraf and Partners as legal advisor for this transaction.

The detailed disclosure in compliance with Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI master Circular dated 11.11.2024, amended by SEBI circular dated 31.12.2024, is enclosed herewith.

Kindly take the above information on record.

Thanking you,

For Enviro Infra Engineers Limited

PIYUSH Digitally signed by PIYUSH JAIN JAIN Date: 2025.08.21 16:19:25 +05'30'

(Piyush Jain)

Company Secretary & Compliance Officer M. No. A57000

Encl: a/a

The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11.11.2024 is as under:

S. No.	Particulars	Details
1.	Name of the target entity, details in brief such as size, turnover etc.	Vento Power Infra Private Limited (“Target Company”) is an Indian Company incorporated on 23.04.2015. Networth (as on 31.03.2024) – (79.18 Cr) Turnover (as on 31.03.2024) – 16.50 Cr
2.	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”	The acquisition is not a related party transaction and none of the Company’s promoter / promoter group / group companies have any interest in the said transaction.
3.	Industry to which the entity being acquired belongs	Generation of energy through Non-conventional / Renewables and Sustainable sources and its distribution.
4.	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity).	The Target Company is incorporated for the purpose of undertaking the business of power generation through renewable sources. The said acquisition will enable the Company to tap the opportunities prevailing in the renewable energy sector and aligns with the long-term vision of the Company to expand into sustainable and future-oriented business segments.
5.	Brief details of any governmental or regulatory approvals required for the acquisition.	Not Applicable
6.	Indicative time period for completion of the acquisition	Completed
7.	Consideration - whether cash consideration or share swap or any other form and details of the same.	Cash consideration

8.	Cost of acquisition and/or the price at which the shares are acquired.	₹ 115,60,60,660
9.	Percentage of shareholding / control acquired and / or number of shares acquired.	100%
10.	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief).	The Target Company is an Indian Company incorporated on 23.04.2015, currently engaged in the development of a 40 MW (AC) grid connected solar power project in Bolangir District of Odisha, wherein the solar power generation shall be sold at a tariff of ₹ 4.1/unit for a period of approx. 18 years. Turnover of past 3 years: 2023-24: 16.50 Cr 2022-23: 17.34 Cr 2021-22: 19.86 Cr Pursuant to this acquisition, the Target Company has become the Wholly Owned Subsidiary of EIE Renewables Private Limited and step down Wholly Owned Subsidiary of the Company.