Rajputana Biodiesel Limited Reappoints Auditors and Acquires Arvant Bioenergy as Wholly Owned Subsidiary
Rajputana Biodiesel Limited, a company focused on renewable energy solutions, announced several outcomes from its Board meeting held on Saturday, August 22, 2026. The Board approved the re-appointment of its Secretarial Auditors and sanctioned the acquisition of Arvant Bioenergy Private Limited as a Wholly Owned Subsidiary (WOS).The acquisition is designed to strengthen the company's presence in the biofuel and biomass-based energy sector. Furthermore, the Board also issued the notice and agenda for the company's 10th Annual General Meeting (AGM), scheduled for September 26, 2026.
Acquisition of Arvant Bioenergy Private Limited
Rajputana Biodiesel Limited has acquired Arvant Bioenergy Private Limited (formerly Arvanta Bioenergy Private Limited), an unlisted private limited company. The acquisition aims to expand the company's capabilities in feedstock collection and processing for biofuel production, aligning with its long-term strategy for developing sustainable and integrated renewable energy solutions.The acquired entity specializes in renewable energy and biofuel production, covering the processing of municipal waste, cow dung, agricultural residue, and other biomass for creation of biofuels in solid, liquid, and gaseous forms.
Key details regarding the acquisition are as follows:
| Feature | Details |
|---|---|
| Target Entity Name | Arvant Bioenergy Private Limited |
| Previous Name | Arvanta Bioenergy Private Limited |
| Acquisition Type | Wholly Owned Subsidiary (WOS) |
| Nature of Consideration | Cash Consideration |
| Cost of Acquisition | INR 10,000/- (for 1,000 equity shares at face value of INR 10 per share) |
| Shareholding Acquired | 100% |
| Completion Timeline | The acquisition formalities are expected to be completed within the next 15 days. |
Details of Acquired Entity and Business Focus
Arvant Bioenergy Private Limited, incorporated on March 20, 2025, operates in the Renewable Energy, Biofuels, Biomass Processing, and Waste-to-Energy industry.A summary of the acquired entity's profile is provided below:
| Particulars | Details |
|---|---|
| Incorporation Date | March 20, 2025 |
| Industry | Renewable Energy, Biofuels, Biomass Processing and Waste-to-Energy |
| Authorized Capital | INR 10,00,000/- |
| Paid-up Capital | INR 10,000/- |
| Turnover (FY 2025-26) | Nil |
| Turnover (FY 2024-25) | Not Applicable |
| Turnover (FY 2023-24) | Not Applicable |
Re-appointment of Secretarial Auditors
The Board meeting also approved the re-appointment of M/s Mehta & Mehta, a Peer Reviewed Firm of Company Secretaries based in Mumbai, as the Secretarial Auditors for the financial year 2026-27.Details regarding the appointed firm include:
| Aspect | Details |
|---|---|
| Date of Re-appointment | August 22, 2026 |
| Term of Appointment | To conduct the secretarial audit for the FY 2026-27. |
| Firm Profile | Mehta & Mehta is a 26-year-old firm promoted by Atul Mehta and Dipti Mehta, providing services in legal and secretarial consultancy, covering areas such as Finance, Legal, Compliance, HR, and Operations. |
RAJPUTANA Stock Price Movement
Rajputana Biodiesel Limited shares gained 0.89% on Friday, settling at ₹219.95 after climbing ₹1.95 from the previous close. The stock traded within a contained range during the session, reaching a high of ₹222.10 and dipping as low as ₹212.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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