SRM Energy Ltd — Others, 23-08-2025: AGM/EGM

SRM Energy shareholders have approved key proposals via postal ballot. They sanctioned the transfer of the company's investment in its wholly-owned subsidiary, SRM Energy Tamilnadu Private Limited, to its holding company, Spice Energy Private Limited. Shareholders also greenlit proposed related party transactions with Spice Energy. Both resolutions passed with a strong majority, with 93.34% of polled non-promoter votes cast in favour. The company has announced a board meeting to discuss these approvals further and determine next actions. This paves the way for the strategic asset transfer and clarifies ongoing related party dealings.