Times Green Energy (India) Ltd

Times Green Energy (India) Ltd reports no deviation or variation in the use of proceeds from its Rights Issue for the year ended March 31, 2026. The company raised ₹898.56 lakhs through a Rights Issue on November 19, 2025, intended for the expansion of its Agri Trading Business. As of March 31, 2026, ₹778.56 lakhs has been utilized, with ₹120.00 lakhs remaining unutilized. There were no deviations or variations in the use of funds.

Times Green Energy (India) Ltd. announced audited standalone financial results for the half year and year ending March 31, 2026. The board approved the issuance of secured, unlisted, redeemable non-convertible debentures aggregating up to ₹30 Crores on a private placement basis. M/s S S A R & Associates were appointed as Internal Auditor for FY 2025-26 and 2026-27. The object clause of the Memorandum of Association was altered to expand the company's business.

Times Green Energy (India) Ltd has appointed M/s S S A R & Associates, a Cost Accountant firm, as its Internal Auditor for the financial years 2025-26 and 2026-27. 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. S S A R & Associates is registered with ICMAI and headed by CMA Swamy Ayyappa Reddy Sathi, based in Vijayawada, Andhra Pradesh.

Times Green Energy (India) Ltd has approved alterations to the object clause of its Memorandum of Association (MOA) during a Board of Directors meeting on May 29, 2026. This change aims to expand the company's business in line with proposed business dynamics. The alteration includes adding a new object to Clause III(A) focusing on agricultural products, including export, import, trading, and distribution of various agri-commodities. The company plans to establish infrastructure like warehouses and processing units and seek necessary statutory approvals for export and import activities.

Times Green Energy (India) Ltd announced that its Board of Directors meeting, originally scheduled for May 28, 2026, has been postponed to May 29, 2026. The meeting will be held to consider and approve the audited financial results for the half year and year ended March 31, 2026. Additionally, the board will discuss and approve the raising of funds through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The trading window for the company's securities remains closed and will reopen 48 hours after the conclusion of the rescheduled board meeting.

Times Green Energy (India) Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the audited financial results for the half-year and year ended March 31, 2026. The board will also discuss raising funds through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The trading window for dealing in the company's securities is currently closed and will reopen 48 hours after the board meeting concludes.

Plutus Capital Management LLP has disclosed the acquisition of 1,54,000 equity shares, representing 2.76% of the total issued and subscribed shares of Times Green Energy (India) Limited. This acquisition, which occurred between March 24, 2026, and April 20, 2026, via secondary market purchases, brings Plutus Capital Management LLP's total holding in the company to 3,04,000 equity shares, amounting to 5.45%. The disclosure was made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Times Green Energy (India) Ltd has announced a 1:1 bonus issue, allotting 27,87,200 fully paid-up bonus equity shares to its shareholders. The decision was made at the Board meeting held on March 25, 2026. The bonus shares will be issued in proportion to the shareholders' existing holdings as of the Record Date, March 24, 2026. The company's paid-up share capital will increase to Rs. 5,57,44,000/- divided into 55,74,400 fully paid-up equity shares of Rs. 10/- each. The bonus shares will carry the same rights as the existing equity shares, including dividends and other corporate benefits.

Times Green Energy (India) Ltd has announced the allotment of 27,87,200 equity shares as fully paid-up bonus equity shares, in the proportion of 1:1. The allotment is for all members of the Company as on the Record Date i.e. March 24, 2026. This move will increase the paid-up share capital of the Company to Rs. 5,57,44,000/- (Rupees Five Crores Fifty-Seven Lakhs and Forty-Four Thousand Only) divided into 55,74,400 fully paid-up equity shares of Rs. 10/- (Rupees Ten Only) each. The Bonus Equity Shares shall rank pari-passu in all respect and carry the same rights as the existing equity shares of the Company including dividends and other corporate benefits, if any, declared by the Company after the said allotment. The Bonus Equity Shares shall be credited to the eligible shareholders within the statutory and regulatory timelines.

Times Green Energy (India) Ltd has announced the closure of the trading window for dealing in securities of the company. The closure is in accordance with the Company’s Code for prevention of Insider Trading under SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will be closed for Designated persons of the Company including their immediate relatives from Wednesday, 1st April, 2026 till the completion of 48 hours after announcement of the Audited Financial Results for the year ended 31st March, 2026. The date of the Board meeting to be held for the consideration and approval of the Financial Results for the above-mentioned period will be communicated in due course of time.