Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015(i) Investment in ONGC Green Limited;(ii)…
As filed · Oil & Natural Gas Corporation Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015(i) Investment in ONGC Green Limited;(ii) Acquisition of Ayana Rene
What happened
FactOil & Natural Gas Corporation Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015(i) Investment in ONGC Green Limited;(ii) Acquisition of Ayana Renewable Power Private Limited. (ii) Acquisition of Ayana Renewable Power Private Limited. ONGPL has completed acquisition of 100% equity stake in Ayana Renewable Power Private Limited (Ayana) on.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
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Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
Evidence
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%