Citizen Infoline has fixed Monday, September 14, 2026 as the record date for its 32nd Annual General Meeting. The company, now operating as Citizen Solar Limited, will hold the AGM on Monday, September 21, 2026.

The meeting will address matters pertaining to the financial year 2025-26. It will be conducted through Video Conferencing or Other Audio-Visual Means, aligning with provisions under the Companies Act, 2013 and relevant circulars from the Ministry of Corporate Affairs and SEBI.

Key Dates for Shareholders

Shareholders must note the following deadlines to participate in the meeting and claim dividend entitlements:

During the book closure period, the Register of Members and Share Transfer Books will remain closed. This ensures accurate determination of shareholder eligibility for the AGM and any dividends declared. The cut-off date determines eligibility for voting at the AGM through remote e-voting and voting during the meeting.

Regulatory Compliance

The intimation is issued pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Notice of the Annual General Meeting along with the Annual Report for FY26 will be dispatched to shareholders in due course.

Abhijit Roy, Company Secretary and Compliance Officer, signed the intimation on August 24, 2026.

Citizen Solar Limited, formerly known as Citizen Infoline Limited , reported a sharp contraction in both revenue and profitability for the first quarter of FY27. The company’s standalone total income from operations declined 29% year-on-year to ₹7,676.80 lakh, down from ₹10,871.86 lakh in the same period last year. This top-line pressure translated directly into the bottom line, with net profit after tax falling 62% to ₹577.09 lakh from ₹1,519.58 lakh.

The Board of Directors approved the unaudited financial results at a meeting held on August 13, 2026. The figures have been reviewed by the Audit Committee and subjected to audit by the Statutory Auditors, who issued an unqualified opinion. The results comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and are prepared in accordance with Indian Accounting Standards (Ind AS).

Financial Performance

The decline in earnings was reflected in the per-share metrics. Basic and diluted earnings per share (EPS) for the quarter were ₹4.11, a significant drop from ₹10.82 recorded in Q1FY26. For the full year ended March 31, 2026, the company had reported total income of ₹31,092.29 lakh and net profit of ₹2,242.73 lakh.

What the Numbers Show

The divergence between the current quarter's performance and the prior year suggests a notable slowdown in operational momentum. While the source does not disclose specific segmental drivers or cost structures for this decline, the proportional drop in net profit (62%) outpacing the revenue decline (29%) indicates margin compression during the period. The company operates in a single business segment, meaning this performance reflects its core activities without diversification buffers.

Regulatory Disclosures

The financial results incorporate the effects of the Scheme of Amalgamation sanctioned by the National Company Law Tribunal (NCLT), under which Citizen Solar Private Limited was amalgamated with the company effective April 1, 2023. Consequently, comparative figures for the quarter ended June 30, 2025, have been restated to ensure comparability with the current period. No further restatement was required for the quarter and year ended March 31, 2026, as those figures already incorporated the amalgamation effects.