Corporate News     23-May-14
Orient Green Power Company announces reduction in stake by promoter
Concludes offer for sale of 1.349% of equity share capital
Orient Green Power Company announced the sale of 76,61,400 equity shares of the Company of face value of Rs 10 each representing 1.349% of the equity share capital of the Company, through an offer for sale undertaken on 20 May 2014 exclusively through a separate window provided by the NSE.

Pursuant to the sale, the promoter shareholding will reduce from 30.15% to 28.80% while the aggregate shareholding of promoter and promoter group companies will reduce from 76.35% to 75%.

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