SRM Energy Ltd — Board Meeting, 16-07-2025: Board Meeting
16-07-2025 | 04:27 pm
16-07-2025 | 04:27 pm
SRM Energy Limited has announced a board meeting on July 22, 2025. The key agenda is to consider proposing to shareholders, via postal ballot, the transfer of its investment in SRM Energy Tamilnadu Private Limited, a wholly-owned subsidiary. This involves 13,20,000 equity shares with a face value of Rs. 10 each, totaling Rs. 1.32 Cr. This move signifies a potential internal restructuring or asset reallocation within the company, impacting its long-term operational framework and requiring investor consent. Shareholders should monitor for details on the postal ballot process.
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