Board Meeting28 May 2026, 11:28 pm
Citizen Solar Board Approves FY26 Results, Director Changes
AI Summary
Citizen Solar Limited's Board of Directors convened on May 28, 2025, to approve several key matters. Mr. Ravindra Jain resigned from his directorship, effective May 29, 2026, while retaining his position as CFO. The Board approved the audited standalone financial results and statements for the quarter and financial year ended March 31, 2026, noting an unmodified audit opinion. Additionally, five new directors were appointed, effective May 28, 2025, and various Board Committees were reconstituted. M/s. R J & Associates was also appointed as the Cost Auditor for FY 2025-26 and 2026-27.
Key Highlights
- Mr. Ravindra Jain resigned as Director but continues as CFO.
- Board approved audited Q4 and full FY26 financial results.
- Five new directors were appointed to the Company's Board.
- Various Board Committees were reconstituted by the Board.
- M/s. R J & Associates appointed as Cost Auditor for FY26 and FY27.
Price Impact
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