CMR Green Technologies has issued the notice for its 21st Annual General Meeting (AGM), scheduled to be held on September 30, 2026, via video conferencing. The meeting will address several key corporate governance matters, including the re-appointment of directors and significant increases in borrowing and investment limits.

The company previously revised the outcome of its September 7, 2026 board meeting, clarifying that a remuneration revision for Managing Director Mohan Agarwal was not discussed or approved. This correction ensures accurate disclosure under Regulation 30 of SEBI LODR.

AGM Agenda and Key Resolutions

The 21st AGM will transact ordinary and special business items. Shareholders will consider the adoption of audited financial statements for FY26 and the re-appointment of directors retiring by rotation or completing their terms.

Management Remuneration Changes

The board approved revisions in remuneration for two Whole Time Directors, subject to shareholder approval at the AGM:

• Mr. Akshay Agarwal: Proposed remuneration of ₹1.12 crore
• Mr. Raghav Agarwal: Proposed remuneration of ₹1.12 crore

The board also approved performance-linked commissions for independent directors and commission payments to executive directors. The previously reported revision for Mr. Mohan Agarwal, Managing Director, remains incorrect and has been removed from the official outcome; his remuneration is proposed to remain unchanged.

Corporate Governance and Borrowing Limits

The company seeks shareholder approval for substantial increases in financial limits under the Companies Act, 2013:

• Investment Limit: Increase in limits for investment, securities, and guarantees under Section 186 up to an aggregate amount not exceeding ₹1,500 crore.
• Borrowing Limit: Increase in borrowing limit under Section 180(1)(a) and 180(1)(c) to ₹2,000 crore, including money already borrowed.
• Articles of Association: Alteration to Article 58 to expressly empower the Board to give guarantees in addition to borrowing monies.

These approvals are required as the proposed limits exceed the thresholds prescribed under the Act, necessitating special resolutions.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE00WV01027/ac586312-694d-4609-a3da-7956756f9d52.pdf

CMR Green Technologies Limited has secured approval from Yes Bank Limited for an enhancement of its existing working capital credit facility. The lender approved the increase in the company’s credit limit, raising the sanctioned amount from ₹150 crore to ₹200 crore. This corporate action was disclosed in a regulatory filing dated August 20, 2026.

The enhanced facility is designated specifically for meeting the company’s working capital requirements. The additional liquidity is intended to support ongoing business operations and ensure sufficient funds for day-to-day activities.

Facility Details

The structure of the enhanced credit facility remains consistent with the previous arrangement, focusing on short-term operational funding.

The company stated that the enhancement will enable it to meet its working capital needs effectively. CMR Green Technologies confirmed it will comply with all applicable statutory and regulatory requirements associated with the facility.

What the Numbers Show

The increase in the credit limit represents a 33% expansion in the available working capital headroom. By raising the facility from ₹150 crore to ₹200 crore, the company has secured an additional ₹50 crore in potential funding. This adjustment indicates a proactive approach to managing liquidity for operational scaling or seasonal working capital cycles, ensuring that the firm maintains adequate financial flexibility without altering the fundamental nature of the debt instrument.