GRE Renew Enertech Ltd has accepted the resignation of Alpeshkumar Laxmanji Agrawal as Chief Financial Officer. His departure takes effect at the close of business on September 5, 2026.

The company disclosed the change in a filing with BSE Limited on August 27, 2026. Agrawal cited the pursuit of better career opportunities as the reason for his exit.

Regulatory Disclosure

The intimation was issued pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also referenced SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024.

Kamleshkumar D Patel, Managing Director of GRE Renew Enertech, signed the communication. He confirmed that the Board of Directors had accepted the resignation.

Transition Details

Agrawal stated in his resignation letter that he would extend all necessary assistance to ensure a smooth handover of responsibilities. This includes transferring records and pending matters to the person designated by the company.

GRE Renew Enertech disclosed on August 17, 2026, that its statutory auditor, Dhiren H Pandya & Associates LLP, has tendered its resignation effective August 14, 2026. The audit firm cited a lack of agreement on revised professional fees for the financial year 2026-27 as the primary reason for stepping down.

The resignation follows the company’s listing on the BSE, which triggered enhanced financial reporting, disclosure, and regulatory responsibilities. Dhiren H Pandya & Associates LLP noted that these requirements necessitated greater professional time commitment and senior involvement to comply with Standards on Auditing and SEBI regulations. The Audit Committee did not agree to the proposed revision in professional fees.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. In compliance with Para A of Part A of Schedule III of the LODR Regulations, the company enclosed a copy of the resignation letter received from the auditors.

The resignation letter explicitly confirmed that there are no material reasons for the departure other than the fee disagreement. Key clarifications provided by the auditors include:

• No concerns regarding non-availability of information or management cooperation.
• No disputes regarding accounting policies, treatments, or internal financial controls.
• No circumstances requiring immediate attention by shareholders or regulators beyond the stated reason.

Auditor Details

Transition Details

Dhiren H Pandya & Associates LLP stated it would provide reasonable cooperation to incoming auditors to ensure an orderly transition. Regarding the quarter ending September 30, 2026, the firm noted that a limited review may not be required given the company’s SME listing status, unless determined otherwise by the company’s legal advisors.

Managing Director Kamleshkumar D Patel signed the intimation letter issued from Mehsana. The company is formally known as GRE Renew Enertech Private Limited prior to its recent name change.