Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

RPG Life Sciences Limited Capital/Financing Update 2024

Mar 11, 2024

60243_rns_2024-03-11_56916175-523d-4d3b-964d-3c3a72e97782.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

==> picture [59 x 51] intentionally omitted <==

==> picture [76 x 76] intentionally omitted <==

==> picture [147 x 68] intentionally omitted <==

Annexur Annexur Annexur Annexur e-Ang ObligationsandDisclosure Requirements) e-Ang ObligationsandDisclosure Requirements) e-Ang ObligationsandDisclosure Requirements)
(Disclosure under Regulation 30oftheSEBI(ListiRegulations, 2015 ng ObligationsandDisclosure Requirements)
1 Nameofthe target entity, detailsinbriefsuch it t SunpoundSolarPrivateLimited("Sun pound"), is promotedasaspecialpurpose vehicle, solelytoundertake in thebusinessofconstruction operationand
assze,urnover ec.; (un poun), is promotedasaspecia
purpose vehicle, solelytoundertake in the
businessofconstruction operationand
, ifh Ci Gi Pl tr
mantenanceote aptve eneratng an
andtosupply, on captive basis, the powe
generated from the Captive Generating Plan t
h C
tote ompany.TheCompanyproposestomakean
invtmnttR110 rr R n
ese upos.. coes (upees o
croresandten lakhs only) in oneormore
tranches, in accordance with the termsand
conditionsoftheShareSubscrition an
p ""
Shareholders Aqreement(SSSHA)
2 Whether the acquisition would fall within Sunpound isnot a related partyofthe ff
related art transaction(s) and whether the Cdh iiti f h
py ompany,anenceacquson o sareso
promoter/ promoter group/ group companies Sunpound does not fall within the categoryo
have any interestinthe entity being acquired? related party transaction.
Ifes nature of interest and details thereof Promoter/ romoter rou/ rou comanie
y, "' p gp gp p
and whether thesameis doneatarms donot have any interestinSunpound
.
lenqth";
3 I hih Generationofsolar power
ndustrytowc the entity being acquired
belongs;
4 Objectsandimpactofacquisition (including but Inline with the statutory requirements to
not limited to, disclosureofreasons foracquisitionoftarget entityifits businessis avail power/ electricity for captiveusageandenergy cost saving the Company is required
, outsidethemain lineofbusinessofthe listedentity); ,tosubscribetothe equity share capitalofSunpound Solar Private Limited
5 Brief detailsof any governmentalorregulatory Not alicable
aoorovals requ ired for the acquisition; pp
6 Indicative timacauisition; One year
e periodforcompletionofthe
7 Considerationshare swap orsame· - whethercashconsiderationorany other form and detailsofthe CashConsideration
UptoRs.1.10 Crores (Rupeesonecrores andlkh li h
8 Costofacquisition and/or the priceatwhichth hid
e sares are acqure; ten as ony),n oneormore trances
9 Percentaeofshareholdin / control acired Upto26%ofthe equity share capitalofSunpoundinproportiontothe ContractedCapacity,inaccordance with the terms andconditions specified under theSSSHA.
g and /ornumb g querofshares acquired;
10 Brief backgroutermsofprod nd about the entity acquiredinucts/lineofbusiness acquired, Sunpoundwasincorporated onMarch23,2022atMumbai, engaged in thebusinessof
dateofincorp oration, historyoflast 3 years generationofsolar power.Turnover: Nil.
turnover, country in which the acquired entityhaspresence andany other significantinformation(in brief)·

==> picture [77 x 76] intentionally omitted <==