CLN Energy Ltd

CLN Energy Ltd's Board of Directors has approved an increase in authorized share capital from ₹12 Crores to ₹12.3 Crores by creating 3,00,000 new equity shares. The company also plans to raise funds by issuing up to 2,50,000 equity shares on a preferential basis to a promoter entity, CLN Energy PTE Limited, at a minimum price of ₹401 per share. This move aims to augment long-term financial resources. The board also approved seeking shareholder approval via postal ballot and appointed a scrutinizer for the e-voting process. The trading window will remain closed for designated persons from June 15, 2026, until 48 hours after the board meeting outcome announcement.

CLN Energy Ltd's Board of Directors met on June 18, 2026, approving a significant increase in authorized share capital from ₹12 crore to ₹12.30 crore. The board also greenlit a preferential issue of up to 2,50,000 equity shares to a promoter entity, CLN Energy PTE Limited, at a minimum price of ₹401 per share, subject to shareholder and regulatory approvals. This move aims to augment the company's long-term financial resources. Additionally, the company will seek member approval via postal ballot and has appointed M/s. SARK and Associates LLP as a scrutinizer. The trading window for designated persons will remain closed from June 15, 2026, until 48 hours after the outcome announcement.

CLN Energy Ltd's Board of Directors approved an increase in the Authorized Share Capital from ₹12 Crores to ₹12.3 Crores. The company also plans to raise funds by issuing up to 2,50,000 equity shares on a preferential basis to a promoter entity, CLN Energy PTE Limited. The issue price is set at a minimum of ₹401 per share, subject to shareholder and regulatory approvals. This move aims to augment the company's long-term financial resources. Post-allotment, the promoter and promoter group's shareholding will increase from 72.60% to 73.23%. A postal ballot will be conducted to seek necessary approvals from members, and a scrutinizer has been appointed for the e-voting process. The trading window for designated persons is closed from June 15, 2026, until 48 hours after the board meeting outcome.

CLN Energy Ltd has announced a Board of Directors meeting scheduled for June 18, 2026. The primary agenda items include increasing the company's authorized share capital and approving a preferential issue of equity shares or warrants, subject to shareholder and regulatory approvals. The board will also consider the draft notice for a Postal Ballot or Extraordinary General Meeting. Consequently, the trading window for designated persons and their immediate relatives will be closed from June 15, 2026, until 48 hours after the board meeting's outcome is announced.

CLN Energy Ltd has appointed M/s SAH & Co. as its Cost Auditor for the financial year 2026-27, following the recommendation of the Audit Committee and approval by the Board of Directors on May 29, 2026. The appointment complies with SEBI regulations and circulars, as detailed in Annexure A.

CLN Energy Ltd has appointed M/s SARK and Associates LLP as its Secretarial Auditor for FY 2025-26 and 2026-27, following the recommendation of the Audit Committee and approval by the Board of Directors on May 29, 2026. SARK & Associates LLP is a peer-reviewed firm specializing in corporate, secretarial, legal, and compliance advisory services.

CLN Energy Ltd has appointed M/S P M R Y & Co, a Delhi-based Chartered Accountants firm, as its Internal Auditor for the financial years 2026-27 and 2027-28. The appointment was made based on the recommendation of the Audit Committee and approved by the Board of Directors in their meeting held on May 29, 2026. The firm will provide services in auditing & assurance, internal audit, management consultancy, direct and indirect taxation, and advisory services.

CLN Energy Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited financial results (standalone and consolidated) for the half-year and year ended March 31, 2026. The meeting will be held via video conference. The trading window for dealing in the company's securities is closed from April 1, 2026, and will reopen 48 hours after the board meeting outcome is declared.

CLN Energy Ltd has announced the closure of its Pune factory, aiming to optimize operational efficiency and resource utilization by consolidating manufacturing activities at the Noida plant. The Pune facility, which contributed 10.01% of the company's turnover last financial year, will be closed on March 31, 2026. The decision comes as the Noida unit has adequate capacity and available facilities to accommodate current and future production requirements, following the completion of a specific project.

CLN Energy Ltd has completed the incorporation of a Wholly Owned Subsidiary in Emirate of Dubai, United Arab Emirates named 'C L N GENERAL TRADING L.L.C.'. The new subsidiary is established to operate in the clean and renewable energy sector, with an investment of INR. 25,68,000 and AED. 1,00,000. C L N General Trading L.L.C. is a related party of CLN Energy Limited, but the Promoter or Promoter groups of the Company do not have any interest in the aforesaid wholly-owned subsidiary, except to the extent of equity shares held in the Company.