Gujarat Inject (Kerala) Ltd has filed its annual report for the financial year 2025-26 with the Bombay Stock Exchange. The submission, dated September 7, 2026, complies with SEBI listing regulations and provides an update on the company’s corporate governance structure.

The filing serves as a formal intimation under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The complete document is available on the company’s official website for investor review.

Board Composition Updates

The annual report details changes in the Board of Directors and Key Managerial Personnel as of March 31, 2026, and subsequent updates.

Murli Shivshankaran Nair continues to serve as Chairman and Whole-time Director. The board includes Non-Executive Independent Directors Rushiraj Zaverbhai Patel, Nileshbhai Vinubhai Rangholiya, and Deepak Diwan Bachwani. Ila Sunil Trivedi is listed as an Additional Non-Executive Independent Director.

Key Personnel Changes

Hardikkumar Anilbhai Radadiya assumed the role of Chief Financial Officer effective August 10, 2026, succeeding Murli Nair. Manmeetkaur Harshdeepsingh Bhatia remains the Company Secretary and Compliance Officer, a position she has held since June 10, 2024.

Committee Structure

The Audit Committee is chaired by Rushiraj Zaverbhai Patel, with Murli Shivshankaran Nair and Nileshbhai Vinubhai Rangholiya serving as members. The Nomination & Remuneration Committee is also chaired by Rushiraj Zaverbhai Patel, comprising Nileshbhai Vinubhai Rangholiya and Deepak Diwan Bachwani as members.

Gujarat Inject Kerala Ltd has entered into a strategic business partnership with Storenergy Limited to pursue Thermal Energy Storage System (TESS) opportunities in India. The agreement, disclosed on August 24, 2026, marks the company’s move into the energy storage sector.

The partnership is structured as a framework agreement with Storenergy Limited, a company incorporated in England. Under the terms of the deal, both entities will collaborate on the evaluation, development, and pursuit of TESS projects within the Indian market.

Deal Structure and Terms

The company filed an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, detailing the arrangement. Key aspects of the agreement include:

Commercial terms for the partnership have not been finalized and will be decided at a later stage. The filing confirms that the transaction is not a related-party transaction.

Strategic Implications

Management indicated that the arrangement is expected to facilitate Gujarat Inject Kerala’s participation in the TESS business and related opportunities in the Indian market. The collaboration aims to leverage Storenergy’s expertise in thermal energy storage to address emerging demand in India.

Commenting on the development, Murlisnair Shivshankaran Nair, Managing Director of Gujarat Inject Kerala Ltd, stated that India's energy sector is undergoing a significant transition. He noted that the partnership provides an opportunity to explore the Renewable Energy Storage System segment in a focused manner, aiming to build a strong presence in this emerging area.

No financial impact or revenue projections were disclosed in the initial filing. The company did not specify the duration of the partnership or any immediate capital expenditure requirements associated with the framework agreement.