SRM Energy Ltd — Important, 16-03-2026: Company Update

Following the completion of the acquisition of 64,50,000 equity shares by Mr. Umesh Narpatchand Sanghvi and Mrs. Sapna Sanghvi, the company's Board has approved a major leadership restructuring. Mr. Umesh Narpatchand Sanghvi is appointed as the new Managing Director, along with Mrs. Sapna Umesh Sanghvi, Mrs. Pooja Navnit Maheshwari, and Mr. Gopal Ajay Malpani as new Directors. Simultaneously, four existing directors, the Chief Financial Officer, and the Company Secretary have all resigned. This significant management change reflects the recent shift in company ownership, setting a new course for governance and strategic direction.