Servotech Renewable Power System Limited — Capital/Financing Update 2025

Mar 7, 2025

07[th] March, 2025

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To,

National Stock Exchange of India Limited

Exchange Plaza, NSE Building, Bandra Kurla Complex, Bandra East, Mumbai-400 051

Trading Symbol: SERVOTECH

Sub.: Intimation of Incorporation of a Subsidiary of the Company

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform the Stock Exchange that SERVOTECH SILIGURI STRIKERS PRIVATE LIMITED (CIN: U93190DL2025PTC444121) has been incorporated as Wholly Owned Subsidiary of SERVOTECH SPORTS AND ENTERTAINMENT PRIVATE LIMITED (a Subsidiary of SERVOTECH RENEWABLE POWER SYSTEM LIMITED). The said company is also subsidiary company of SERVOTECH RENEWABLE POWER SYSTEM LIMITED, in terms of the provisions of Section 2(87) of the Companies Act, 2013.

The disclosures pursuant to Regulation 30 of the Listing Regulations read with the SEBI Circular CIR/CFD/CMD/4/2015 dated 9[th] September, 2015 are enclosed in Annexure-I .

Kindly take the above information on record and oblige.

Thanking You,

FOR SERVOTECH RENEWABLE POWER SYSTEM LIMITED (FORMERLY KNOWN AS SERVOTECH POWER SYSTEMS LIMITED)

Rupinder Digitally signed by Rupinder Kaur Kaur Date: 2025.03.07 18:09:09 +05'30'

RUPINDER KAUR COMPANY SECRETARY ICSI MEM. No.: A38697

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ANNEXURE-I
Sl. No. Particulars Details
1. Name of the Target Company, details Name: Servotech Siliguri Strikers Private Limited is
in brief such as size, turnover, etc. incorporated as Subsidiary on 06 [th] March, 2025.
CIN: U93190DL2025PTC444121
Authorised Share Capital: Rs. 25,00,000 (Rupees
Twenty Five lac Only)
Paid-up Capital: Rs. 10,00,000 (Rupees Ten Lacs
Only)
Size/Turnover: Not Applicable
(Incorporated on 06 [th] March, 2025 as the Company
is yet to commence its operations)
2. Whether the acquisition would fall Servotech Siliguri Strikers Private Limited is a
within the related party Wholly Owned Subsidiary of Servotech Sports And
transaction(s) and whether the Entertainment Private Limited (a Subsidiary of
promoter/promoter group/group Servotech Renewable Power System Limited ).
companies have any interest in the Hence it will be fall under related party transactions
entity being acquired? and all related party transactions will be done at
arm’s length under normal course of business.
If yes, nature of interest and details
thereof and whether the same is done The Promoter group/group are interested in the
at "arm’s length" said Company.
The Company is yet to commence its business
operations.
3. Industry to which the entity being Sports & Entertainment
acquired belongs
4. Objects and effects of acquisition To Carry on the business of operating, promoting,
(including but not limited to, establishing, developing and improving all kinds of
disclosure of reasons for acquisition sports and games, including cricket etc. This
of target entity, if its business is company is incorporated as Special purpose Vehicle
outside the main line of business of (SPV) of its holding company.
the listed entity)
5. Brief details of any governmental or Not Applicable
regulatory approvals required for the
acquisition
6. Indicative time period for completion Not Applicable
of the acquisition.
7. Nature of consideration - whether Subscription to the Paid-up Share Capital in Cash
Cash consideration or share swap
and details of the same.
8. Cost of acquisition or the price at 100% subscription
which shares are acquired
9. Percentage of shareholding/control 100%
acquired and/or number of shares
acquired
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1. Brief background about the entity Servotech Siliguri Strikers Private Limited has been acquired in terms of product/line of incorporated on 06[th] March, 2025 for Carry on the business acquired, date of business of operating, promoting, establishing, incorporation, history of last 3 years developing and improving all kinds of sports and turnover, country in which the games, including cricket etc. acquired entity has presence and any other significant information (in The Registered office of the Company is situated at brief) 707,7th Floor, JCH Plot No, -3B1,Twin District Centre, Rohini sec-11, Delhi, North West Delhi110085, Delhi and is yet to commence its business operations.

Thanking You,

FOR SERVOTECH RENEWABLE POWER SYSTEM LIMITED (FORMERLY KNOWN AS SERVOTECH POWER SYSTEMS LIMITED)

Rupind Digitally signed by Rupinder Kaur Date: 2025.03.07 er Kaur 18:09:33 +05'30'

RUPINDER KAUR COMPANY SECRETARY ICSI MEM. No.: A38697

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