CMR Green Technologies has received sanction for enhanced credit facilities from Federal Bank Limited, raising its total exposure to ₹165.00 crore. The company disclosed the development in a filing with stock exchanges on September 18, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The enhancement aims to strengthen the company's liquidity position and ensure smooth conduct of business operations. The revised structure includes significant increases in working capital and short-term debt limits, alongside the introduction of new factoring facilities.

Credit Facility Breakdown

The total fund-based proposed limit is capped at ₹190 crore. The specific changes to the credit lines are detailed below:

The working capital demand loan limit increased by ₹12.00 crore, while the short-term debt facility more than doubled from ₹20.00 crore to ₹50.00 crore. Conversely, the hedging limit saw a sharp reduction from ₹30.00 crore to ₹5.00 crore.

What the Numbers Show

The restructuring reveals a strategic shift towards higher leverage for operational funding. The addition of a ₹25.00 crore factoring limit, previously non-existent, indicates a focus on accelerating cash flows from receivables. This is supported by the substantial increase in short-term debt capacity, suggesting the company is positioning itself to manage larger working capital cycles or inventory requirements despite the reduced hedging buffer.

CMR Green Technologies has rescheduled its 21st Annual General Meeting to Tuesday, September 29, 2026, at 11:00 am. The meeting, originally set for September 30, will be conducted through video conference or other audio-visual means due to unavoidable administrative circumstances.

The revised schedule shifts the cut-off date for voting purposes to Tuesday, September 22, 2026. Remote e-voting will commence on Saturday, September 26, at 9:00 am and conclude on Monday, September 28, at 5:00 pm.

Key Agenda Items

The AGM notice outlines several critical resolutions for shareholder approval, focusing on board composition and capital structure flexibility.

Board Re-Appointments

Shareholders will vote on the re-appointment of three independent directors for a second term of five years each, effective August 10, 2026:

• Mr. Gyanmohan
• Mr. Balvinder Kumar
• Ms. Rashmi Verma

Additionally, the meeting seeks approval for the re-appointment of Mr. Mohan Agarwal as Managing Director for five years. Mr. Akshay Agarwal and Mr. Raghav Agarwal are also up for re-appointment as Whole-Time Directors for a further five-year term.

Remuneration Changes

The Nomination and Remuneration Committee has recommended revised remuneration structures for Mr. Akshay Agarwal and Mr. Raghav Agarwal. The proposed total remuneration for each director is ₹1.12 crore. This adjustment reflects their enhanced responsibilities and contributions to the company’s growth during FY26.

Performance-linked commissions have also been proposed for independent directors. Each of Mr. Gyanmohan, Mr. Balvinder Kumar, Ms. Rashmi Verma, and Mr. Girish Paman Vanvari is eligible for a commission of ₹10 lakh for FY27.

Capital Structure Proposals

A significant portion of the agenda involves expanding the company’s financial leverage capabilities:

The Board seeks special resolution approval to raise the borrowing limit from ₹1,500 crore to ₹2,000 crore. This includes authorization to mortgage or pledge company assets to secure these borrowings. Furthermore, shareholders are asked to approve an aggregate limit of ₹1,500 crore for loans, guarantees, or securities in subsidiary and associate companies.

What the Numbers Show

The simultaneous push for increased borrowing limits (₹2,000 crore) and higher guarantee caps (₹1,500 crore) signals a strategic intent to scale operations or fund significant capital expenditures. By securing these limits upfront via special resolutions, the Board aims to streamline future credit facility negotiations with banks without requiring repeated shareholder approvals for individual transactions within these thresholds.

Other Resolutions

The meeting will also regularize the appointment of Mr. Ankur Singh as an Executive Director, effective August 10, 2026. Additionally, shareholders will ratify the appointment of M/s Chandra Wadhwa & Co. as Cost Auditors for FY27, with a remuneration of ₹2.40 lakh. M/s Deepak Goel & Associates has been proposed as Secretarial Auditor for five years, with a fee of ₹80,000 for the first year.