Telge Projects Ltd

Telge Projects Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut for designated persons, directors, and their immediate relatives from July 1, 2026, until 48 hours after the board meeting where the Unaudited Financial Results for the quarter ending June 30, 2026, are considered and approved. The exact date of this board meeting will be communicated separately. This measure is standard practice to prevent insider trading during the sensitive period leading up to financial result announcements.

Telge Projects Ltd announced a deviation in the utilization of IPO proceeds for the half year and year ended March 31, 2026. The company reallocated ₹500 lakhs from the unutilized funds originally earmarked for the purchase of additional office premises at Pune towards 'Acquisitions and Strategic Initiatives'. This change was approved by shareholders via postal ballot on March 21, 2026. The statutory auditors have certified that the company has utilized ₹6.79 Crores out of ₹24.46 Crores raised through the IPO.

Telge Projects Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board also approved the re-appointment of Mr. Vinayak Sahebrao Mane as the Internal Auditor and M/s KPN & Associates as Secretarial Auditor for the financial year 2026-27. The meeting was held on May 18, 2026, and the auditors, R.M. Rajapurkar & Co., issued an unmodified opinion on the financial results.

Telge Projects Ltd has re-appointed M/S KPN & Associates, Company Secretaries, as the Secretarial Auditor for the financial year 2026-27. The re-appointment was approved by the Board of Directors on May 18, 2026, based on the recommendation of the Audit Committee. KPN & Associates is a firm of Practising Company Secretaries with over 11 years of experience and is not related to any director of the company.

Telge Projects Ltd has re-appointed Mr. Vinayak Sahebrao Mane as the Internal Auditor for the financial year 2026-27. The re-appointment was approved by the Board of Directors on May 18, 2026, based on the recommendation of the Audit Committee. This decision complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant sections of the Companies Act, 2013.

Telge Projects Ltd has constituted a Risk Management Committee as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved the committee's formation during its meeting on May 18, 2026. The committee includes Mr. Ravi Pandurang Pandit (Chairperson), Mrs. Shraddha Shailesh Telge, and Mr. Vinayak Sahebrao Mane as members.

Telge Projects Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board also approved the re-appointment of Mr. Vinayak Sahebrao Mane as the Internal Auditor and M/s KPN & Associates as Secretarial Auditor for the financial year 2026-27. The Statutory Auditors, R.M. Rajapurkar & Co., issued an unmodified opinion on the financial results.

Telge Projects Ltd announced the appointment of Anil Khatal & Co., Chartered Accountants, as the statutory auditors for its material subsidiary, Telge Global Inc., for the financial year 2025-26. This appointment fills the casual vacancy created by the resignation of A V H K and Associates. The decision was approved in a meeting held on May 15, 2026. Disclosures as required under SEBI regulations have been made available on the company's website.

A V H K And Associates, the statutory auditors of Telge Global Inc. (formerly known as Telge Projects Inc.), a material subsidiary of Telge Projects Ltd, have resigned effective May 15, 2026, due to pre-occupation and prior commitments. Anil Khatal & Co. will be appointed as the new statutory auditors. The company has provided details of the resignation as required under Regulation 30 of the SEBI Listing Regulations.

Telge Projects Ltd has released a Monitoring Agency Report by Brickwork Ratings India Private Limited for the quarter ended March 31, 2026, as per SEBI regulations. The report pertains to the utilization of funds raised through the company's IPO, with no deviations noted from the stated objectives. The funds were raised through a fresh issue of equity shares aggregating to ₹27.24 Crore.