Times Green Energy (India) Ltd — Important, 19-08-2026: Company Update

The company's board has approved raising equity capital up to 100 Cr through various permissible modes, subject to shareholder approval. The board also decided to alter its Memorandum of Association to expand into renewable energy generation, including wind and solar projects. Additionally, the company is appointing M/s. TRAK and Associates as Statutory Auditors for five years, and two new directors: Ms. Sheeza Abbas as an Independent Director and Mr. Ramakrishna Avadhanam as a Whole-Time Director. Concurrently, the terms of two existing directors, Mr. Bhambal Ram Meena and Ms. Sripati Susheela, will conclude. These changes aim to bolster the company's financial position and strategic direction.