SEPC LIMITED : STEPS UP UAE SUBSIDIARY STAKE TO 90% VIA PREFERENTIAL ALLOTMENT WORTH RS 1,530 CR

• SEPC Limited to acquire up to 90% equity stake in Avenir International Engineers and Consultants LLC (UAE) via preferential allotment of 153 crore equity shares at ₹10 per share. • Transaction aggregates to ₹1,530 crore and is expected to conclude by December 2026. • Avenir International Engineers and Consultants LLC reported a turnover of approximately AED 75.01 million during 2025. • The acquisition is expected to strengthen SEPC's capabilities in the oil & gas sector and enhance its presence in the Middle East. • SEPC's Board also approved increasing Authorised Share Capital to ₹600 Cr and enhancing limits for loans, guarantees, securities and investments to ₹3,000 Cr. • Borrowing limits to be increased to ₹7,500 Cr.

SEPC Limited

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