SEPC Ltd Announces ₹350 Crore Rights Issue; Bags ₹ 180 million Order from Bajaj Energy

The subscription window for the Rights Issue will open on Monday, June 9, 2025, and close on Monday, June 23, 2025. Eligible shareholders will be entitled to subscribe to 11 Rights Equity Shares for every 50 fully paid-up equity shares held as of the Record Date. The total issue size and share allotment are subject to final subscription and completion of the Basis of Allotment.

In a separate development, SEPC has secured five new Operation & Maintenance contracts from Bajaj Energy Private Limited, aggregating to ₹180 million. The contracts pertain to Bajaj Energy’s five 45 MW power plants located in Barkhera Kalan, Maqsoodpur, Khambarkhera, Utraula, and Kundarki in Uttar Pradesh. The services are set to commence from May 14, 2025, with a tenure of 12 months for each site.

SEPC Ltd operates across sectors including water and wastewater treatment, infrastructure, power, metallurgy, and mineral processing. Domestic Institutional Investors hold a 25.16% stake in the company, with major shareholders including Punjab National Bank, Central Bank of India, The South Indian Bank, Axis Bank, Bank of India, IndusInd Bank, Union Bank of India, Bank of Baroda, and The Federal Bank.

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