Sampann Utpadan India Sells Wind Mill Segment to Viviid Green Power and Emissions Reduction Universal
Sampann Utpadan India Ltd., formerly known as S. E. Power Ltd., has approved the sale of its Non-Conventional Energy (Wind Mill) segment. The transaction involves selling the business unit, focused on operations in Karnataka and Rajasthan, to two entities: Viviid Green Power Private Limited and Viviid Emissions Reduction Universal Private Limited.The Board meeting regarding the disposal formalized the agreement, which was signed on June 24, 2026. Expected completion of the sale is set within six months from the date of the Board Meeting.
The segment being sold, Non-Conventional Energy (Wind Mill), contributed Rs. 28.50 Lakh to the company's turnover in the last financial year, representing 0.20% of the total turnover. The net worth attributable to this undertaking stood at Rs. 43.18 Crore.
The consideration for the sale has been set at Rs. 2.45 Crore and will be received in cash.
Key details regarding the asset disposal are provided below:
| Particulars | Details |
|---|---|
| Name of the undertaking/division being sold | Non-Conventional Energy (Wind Mill) |
| Names of the purchasers | Viviid Green Power Private Limited (for Karnataka) and Viviid Emissions Reduction Universal Private Limited (for Rajasthan) |
| Area of business focus | Karnataka and Rajasthan |
| Turnover contributed by segment in last financial year | Rs. 28.50 Lakh |
| Net worth attributable to division | Rs. 43.18 Crore |
| Consideration for sale | Rs. 2.45 Crore (Cash) |
The company stated that the property and business segment are no longer considered strategic for its future operations. The disposal is intended to allow the Company to optimize resources and improve operational efficiency. Proceeds from the sale may be used for corporate purposes, such as working capital requirements or business expansion.
Regarding the transaction details, Sampann Utpadan India confirmed that it is not a related party transaction. Furthermore, neither of the buyers, Viviid Green Power Private Limited nor Viviid Emissions Reduction Universal Private Limited, belongs to the promoter group or any associated companies. The company noted that the sale will have no significant impact on its operations, as the segment contributes 0.20% of the total turnover.
SAMPANN Stock Price Movement
Shares of Sampann Utpadan India Limited are edging higher to ₹28.48 as of 1:38 PM, rallying after gaining a solid 1.90% in live trading with an absolute gain of ₹0.53. The stock currently reflects a traded volume of 63,872 shares during the market session.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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