Nettlinx Ltd — Others, 30-06-2025: AGM/EGM

Nettlinx has announced the approval of three key special resolutions by its members. First, the company will sell its entire stake of 1.3 crore shares in its material subsidiary, Sri Venkateswara Green Power Projects Limited, for ₹8.40 Cr to IRA Homes LLP and associated buyers. This divestment aims to strengthen Nettlinx’s balance sheet and improve liquidity for growth. Second, Mr. Amarender Reddy Bandaru has been appointed as an Independent Director for a five-year term. Third, Mr. Rohith Loka Reddy has been appointed Managing Director for five years with an annual salary of ₹18 lakh, bringing significant financial services expertise to the leadership team.