Quarterly Result23 May 2026, 06:51 pm
GRE Renew Enertech: Audited Results for Year Ended March 2026
AI Summary
GRE Renew Enertech Ltd has announced its audited standalone and consolidated financial results for the half year and year ended March 31, 2026. The board approved the financial statements and a variation in the utilization of IPO proceeds, reallocating ₹2,06,12,830 from an automated solar panel cleaning system to general corporate purposes, pending shareholder approval via postal ballot. Savings of ₹33.23 Lakhs from IPO issue expenses were allocated to the solar power plant project. Project capacity revised to 7.20 MW (AC) / 9.67 MW (DC).
Key Highlights
- Standalone and consolidated audited financial results approved for FY26.
- ₹2.06 Cr reallocated from automated cleaning to general corporate purposes.
- ₹33.23 Lakhs savings from IPO expenses allocated to solar project.
- Project capacity revised to 7.20 MW (AC) / 9.67 MW (DC).
- Shareholder approval sought for IPO proceeds reallocation via postal ballot.
Price Impact
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