SRM Energy Ltd — Important, 04-06-2026: Company Update

SRM Energy Limited announced a positive update for its financials. Spice Energy Private Limited has fully written off an outstanding loan amount of Rs. 3,57,40,630.70 previously advanced to SRM Energy. This development means SRM Energy's liability for this loan, which is approximately 3.57 Cr, will be completely removed from its books. This move significantly strengthens SRM Energy’s balance sheet by reducing its debt obligations and will be accounted for as per relevant standards. This is a clear financial benefit for the company and its shareholders.