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SRM Energy LtdBoard Meeting, 22-07-2025: Board Meeting

22-07-2025 | 02:48 pm

SRM Energy Limited's Board has approved the transfer of its investment in wholly-owned subsidiary, SRM Energy Tamilnadu Private Limited, to the Holding Company, Spice Energy Private Limited. This involves 13,20,000 equity shares valued at Rs 1.32 crore. The Board will seek shareholder approval for this proposal through a postal ballot, for which a scrutinizer has been appointed. This move signifies a restructuring within the group, potentially impacting the company's asset base and future operational focus for shareholders.

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