Torrent Power Ltd. News, Corporate filings and Earnings/Conference Calls

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Torrent Power Ltd.

25 Apr 2022

1403.50

-0.33%

Company Update

TORRENT POWER LTD. - 532779 - Format of Initial Disclosure to be made by an entity …

BSE India

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayTORRENT POWER LTD. 2CINL31200GJ2004PLC044068 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 7199.71 4Highest Credit Rating during the previous FY AA+Stable 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkNSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: Rahul Shah Designation: Company Secretary & Compliance Officer EmailId: cs@torrentpower.com Name of the Chief Financial Officer: Lalit Malik Designation: Chief Financial Officer EmailId: cs@torrentpower.com Date: 25/04/2022 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

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Torrent Power Ltd.

25 Apr 2022

1403.50

-0.33%

Corp. Note

TORRENT POWER LTD. - 532779 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / …

BSE India

Compliance pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

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Torrent Power Ltd.

23 Apr 2022

1403.50

-0.33%

Torrent Power to acquire 50 MW solar plant from SkyPower Group

Business Standard

Torrent Power has inked a share purchase pact to acquire 100 per cent equity in a 50 MW solar plant of SkyPower Group at an enterprise value of Rs 417 crore. Torrent Power Ltd has entered into a Share Purchase Agreement (SPA) with SkyPower Southeast Asia III Investments Limited and SkyPower Southeast Asia Holdings 2 Limited (the Sellers) for the acquisition of 100 per cent securities of Sunshakti Solar Power Projects Private Ltd (the SPV special purpose vehicle). The SPV operates a 50 MW Solar Power Project in the state of Telangana. Long-term Power Purchase Agreement (PPA) for the Project is with Northern Power Distribution Company of Telangana Limited (NPDCTL) for a period of 25 years at a fixed tariff of approx Rs 5.35 per kWh, with remaining useful life of about 20 years. The enterprise value for this acquisition is around Rs 417 crore, subject to closing price adjustments, if any, the company said in a statement. The acquisition is further subject to customary conditions for

Geojit BNP Paribas increased Accumulate price target of Torrent Power Ltd. to 1636.0 on 01 Jul, 2025.

Torrent Power Ltd.

23 Apr 2022

1403.50

-0.33%

Company Update

TORRENT POWER LTD. - 532779 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

BSE India

Please find attached herewith Media Release on execution of Share Purchase Agreement between Torrent Power Limited and SkyPower Southeast Asia III Investments Limited, SkyPower Southeast Asia Holdings 2 Limited (the Sellers) and Sunshakti Solar Power Projects Private Limited (the SPV) for acquisition of 100% securities of the SPV.

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Torrent Power Ltd.

23 Apr 2022

1403.50

-0.33%

Company Update

TORRENT POWER LTD. - 532779 - Announcement under Regulation 30 (LODR)-Acquisition

BSE India

Share Purchase Agreement between Torrent Power Limited and SkyPower Southeast Asia III Investments Limited, SkyPower Southeast Asia Holdings 2 Limited (the Sellers) and Sunshakti Solar Power Projects Private Limited

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Torrent Power Ltd.

08 Apr 2022

1403.50

-0.33%

Company Update

TORRENT POWER LTD. - 532779 - Compliances-Compliance Certificate For The Period Ended On March 31, 2022

BSE India

Compliance Certificate - Regulation 7(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

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Torrent Power Ltd.

05 Apr 2022

1403.50

-0.33%

Torrent Power raises Rs 600 crore via NCDs

Moneycontrol

The issue is proposed to be listed on the Wholesale Debt Market Segment of the National Stock Exchange of India Ltd.

Torrent Power Ltd. has an average target of 1400.50 from 2 brokers.

Torrent Power raises Rs 600 cr through NCD issuance

Business Today | 05 Apr 2022 1 more

Torrent Power Ltd.

05 Apr 2022

1403.50

-0.33%

Company Update

TORRENT POWER LTD. - 532779 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

BSE India

Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended March 31, 2022

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Torrent Power Ltd.

05 Apr 2022

1403.50

-0.33%

Company Update

TORRENT POWER LTD. - 532779 - Statement Of Investor Complaints For The Quarter Ended March 2022

BSE India

No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0330 Name of the Signatory :- Rahul ShahDesignation :- Company Secretary and Compliance Officer

Torrent Power Ltd.

05 Apr 2022

1403.50

-0.33%

Company Update

TORRENT POWER LTD. - 532779 - Announcement under Regulation 30 (LODR)-Issue of Securities

BSE India

In continuation to our letter dated May 20, 2021, we hereby inform you that the Company has issued and allotted Series 8 - 6000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable, Non-Convertible Debentures ('NCDs") of ? 600 Crore at a coupon rate of 6.20% p.a., 6.70% p.a., 7.10% p.a. and 7.45% p.a. vide Series 8A, Series 8B, Series 8C and Series 8D respectively on private placement basis

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Is Torrent Power Ltd. worth buying?

260 Votes:

Buy 83.46%

Sell 7.31%

Hold 9.23%

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