SRM ENERGY LTD.

SRM Energy Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and is in preparation for the consideration of the Un-Audited Financial Results for the quarter ended June 30, 2026. The trading window will reopen 48 hours after the announcement of these financial results becomes publicly available. This measure is standard practice to prevent insider trading during the sensitive period of financial result declaration.

SRM Energy Ltd has announced that Spice Energy Private Limited has written off the entire outstanding loan amount of ₹3,57,40,630.70 previously advanced to SRM Energy. This write-off will result in the extinguishment of the liability from SRM Energy's books of accounts, to be accounted for as per applicable accounting standards. This action effectively removes a significant debt from SRM Energy's balance sheet.

SRM Energy Ltd has announced its audited standalone financial results for the quarter and year ended March 31, 2026. The results, submitted in compliance with Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, include the balance sheet, statement of profit and loss, cash flow statement, and changes in equity. The auditor's report includes a qualified opinion due to concerns about the company's going concern status and impairment of investment in a subsidiary.

SRM Energy Ltd's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, as per Regulation 33 of SEBI guidelines. The board also approved the statement of assets and liabilities for the same period. The auditor's report contained qualified opinions, and the company enclosed the disclosure of the impact of these qualifications along with management's explanation. Additionally, the board approved the notice of Postal Ballot and the cut-off date for shareholders eligible to vote.

SRM Energy Ltd has scheduled a Board of Directors meeting on May 20, 2026, to consider and approve the audited financial results along with the auditor's report for the quarter and year ended March 31, 2026. The board will also approve the compliant Statement of Assets and Liabilities and the Cash Flow Statement for the same period. The company's trading window for designated persons has been closed since April 1, 2026, and will remain closed until 48 hours after the financial results are made public.

SRM Energy Ltd's Board of Directors, at a meeting on April 28, 2026, approved the appointment of Mr. Jitendra Rajendra Patil as the Company Secretary and Compliance Officer, effective May 1, 2026. Mr. Patil will also serve as a Key Managerial Personnel and part of the Senior Management. He is a qualified Company Secretary with over 6 years of professional experience in corporate laws, secretarial compliances, accounting, auditing, and taxation, particularly with listed companies. He is not related to any director of the company.

In a recent Board Meeting held on 26th March, 2025, SRM Energy Ltd announced the appointment of Mr. Umesh Narpatchand Sanghvi as the Chief Financial Officer (KMP) of the company, effective from the same date. Mr. Sanghvi, a Member of the Institute of Chartered Accountants of India, brings over 19 years of professional experience in banking and finance, debt and equity fund raising, and wealth management. He is also the Managing Director and Promoter of the company. The board also approved the appointment of M/s HSPN & Associates LLP as the Secretarial Auditors of the company for the FY 2025 - 2026 to FY 2029 - 2030. M/s HSPN & Associates LLP is a corporate law service firm with over 30 years of experience in various fields of corporate laws, SEBI regulations, FEMA compliances, and corporate restructuring.

SRM Energy Ltd has announced the appointment of Mr. Umesh Narpatchand Sanghvi as the Chief Financial Officer (KMP) and M/s HSPN & Associates LLP as the Secretarial Auditors. The appointments were approved during the Board of Directors meeting held on 26th March, 2026. Mr. Umesh Narpatchand Sanghvi, a Member of the Institute of Chartered Accountants of India, brings over 19 years of professional experience in banking and finance, debt and equity fund raising, and wealth management. M/s HSPN & Associates LLP has a wide and extensive corporate experience of over 30 years in various fields including Corporate Laws & Procedures, Secretarial Compliance Audit, SEBI Regulations, and more.

SRM Energy Ltd, scrip code 523222, has announced the closure of its trading window for all designated persons. This closure is effective from 1st April, 2026, and is in preparation for the consideration of the Audited Financial Results for the quarter ended 31st March, 2026. The trading window is set to open 48 hours after the announcement of the Audited Financial Results.

In a recent development, Sobhagya Capital Options Pvt Ltd, as the Manager to the Offer, has submitted a Post-Offer Advertisement to BSE on behalf of Acquirers Umesh Narpatchand Sanghvi and Sapna Sanghvi. The Acquirers aim to acquire up to 23,55,600 Equity shares, which represents 26.00% of the Voting Equity Share Capital of SRM Energy Limited. The offer price is set at € 4.00/- per share. This acquisition is being made in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 2011 and subsequent amendments.