Greenleaf Envirotech appoints auditor for five-year term

Greenleaf Envirotech Limited has appointed M/s. M B Jajodia & Associates as its statutory auditor for a further term of five years, subject to shareholder approval. The appointment, made during a board meeting on May 28, 2026, is effective from the conclusion of the 16th Annual General Meeting for the financial year 2026-27 until the conclusion of the 21st Annual General Meeting for the financial year 2030-31. The decision ensures continuity in the company's financial oversight pending ratification by shareholders at the ensuing Annual General Meeting.

Appointment Details

The board of directors approved the appointment of M/s. M B Jajodia & Associates (FRN: 139647W), Chartered Accountants, to serve as the statutory auditor. The firm's tenure covers a five-year period, aligning with regulatory requirements for auditor rotation and stability. The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Profile

M/s. M B Jajodia & Associates is a Chartered Accountancy firm established in 2014. The firm offers professional and technology-driven financial services across India, supported by a team of young, passionate, and experienced professionals. Its service offerings include Tax Consultancy, Auditing & Assurance, Accounting, Corporate Laws, Project Finance, Investment Consultancy, and SME Listing advisory.

Key Appointment Information

Sr. No.	Requirement	Disclosure
1.	Name of the Statutory Auditor	M/s. M B Jajodia & Associates (FRN: 139647W)
2.	Reason for change	Re-appointment for a further term of 5 (Five) consecutive years
3.	Date of appointment & term	Appointed on May 28, 2026; term from conclusion of 16th AGM (FY27) to conclusion of 21st AGM (FY31)
4.	Brief Profile	Chartered Accountancy firm established in 2014, offering financial services including audit, tax, and consultancy
5.	Disclosure of relationship	Not Applicable

The meeting of the board of directors commenced at 3.00 P.M. and concluded at 7.25 P.M. on the same day.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.57%	-2.78%	-2.37%	-58.78%	-47.33%	-47.33%

Greenleaf Envirotech Limited has approved a capital infusion of up to Rs 2 crore in its wholly owned subsidiary, Greenleaf Eco Infra Private Limited (GEIPL). The investment, approved by the Board of Directors on May 28, 2026, will be executed in one or more tranches by subscribing to the Rights Issue of GEIPL before September 30, 2026. The funds are intended to meet the subsidiary's operational requirements, working capital needs, capital expenditure, and business expansion plans.

The Board meeting, which commenced at 3.00 P.M. and concluded at 8.25 P.M., sanctioned the proposal under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction involves a related party, as GEIPL is a wholly owned subsidiary, but it will be conducted at arm's length. The Promoter and Promoter Group hold no interest in the target entity other than their shareholding in the parent company.

Details of the Capital Infusion

The following table outlines the key details of the capital infusion and the target entity:

S. No.	Particulars	Details
1	Name of the target entity	Greenleaf Eco Infra Private Limited ("GEIPL"), a wholly owned subsidiary of the Company. GEIPL is incorporated July 8, 2025 and the turnover of GEIPL for the financial year ended March 31, 2026, is Nil.
2	Related party transaction	The Target Entity is a Wholly Owned Subsidiary of the Company and hence a related party. The transaction is at arm's length. Promoter/Promoter Group have no interest other than their shareholding in the Company.
3	Industry	Environmental Infrastructure
4	Objects and impact	Investment in the Wholly Owned Subsidiary for meeting its operational requirements, working capital needs, capital expenditure and business expansion plans.
5	Governmental approvals	Not applicable
6	Time period for completion	By September 30, 2026.
7	Nature of consideration	Cash consideration
8	Cost of acquisition	Up to Rs. 2,00,00,000/- (Rupees Two Crore only), in one or more tranches before September 30, 2026. Pre Acquisition Shareholding: 100%. Post Acquisition Shareholding: 100%.
9	Shareholding acquired	The Company will subscribe to the Rights Issue of its Wholly Owned Subsidiary. Post subscription, the GEIPL will continue to remain a Wholly Owned Subsidiary of the Company.

Background of GEIPL

GEIPL is presently engaged in the business of establishing, operating, and maintaining Common Effluent Treatment Plants (CETPs) for the treatment, recycling, reuse, and disposal of industrial effluents and wastewater in accordance with applicable environmental laws and regulations. The entity also undertakes allied activities relating to pipeline infrastructure, sludge handling and management, resource recovery, and other environmental infrastructure associated with CETP operations. Incorporated on July 8, 2025, GEIPL reported a turnover of Nil for FY 2025-26 and operates within India.