ALPHA TRIBE

SRM Energy LtdBoard Meeting, 16-07-2025: Board Meeting

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.

No comments yet. Be the first to comment!

All announcements from SRM Energy Ltd