EKI Energy Services to hold demerger meetings in november 2025

EKI Energy Services Limited (EKIESL) announced that the National Company Law Tribunal (NCLT), Indore Bench, has directed meetings of its equity shareholders and unsecured creditors to be held on November 7, 2025. The equity shareholders' meeting is scheduled for 3:30 PM (IST), while unsecured creditors will meet at 2:00 PM (IST), both via video conferencing, to consider and approve the proposed scheme of arrangement for demerger.

The scheme involves the demerger of EKIESL’s generation business segment into EKI One Community Projects Limited (“EKI One”). The NCLT dispensed with the requirement to convene meetings for the secured creditors of EKIESL and the equity shareholders of EKI One, given consent affidavits from all stakeholders.

EKIESL reported 62,242 shareholders, 1 secured creditor, and 94 unsecured creditors as of June 28, 2025. EKI One has 7 shareholders and no secured or unsecured creditors. This demerger aims to enhance focus on different business segments and unlock potential value.