GEM Enviro Management Ltd — Important, 16-12-2025: Company Update

The company's board held a meeting, approving the appointment of Mr. Suresh Kumar Gupta as an Independent Director for a five-year term, pending shareholder approval. The board also sanctioned acquiring a 50.10% stake in Solluz Energy Private Limited for approximately Rs 5 crore, making it a subsidiary. Solluz, which generated Rs 34.91 Cr revenue last fiscal year, specializes in solar energy plant EPC services, aligning with the company's environmental sustainability focus. Additionally, various board committees were reconstituted.