IND Renewable Energy adjourns board meeting to Aug 13 for Q1FY27 results

ind renewable energy has adjourned its Board Meeting originally scheduled for August 11, 2026, to August 13, 2026. The company announced the change on August 11, 2026, stating that the Chairman and all directors present consented to the postponement. The primary agenda for the rescheduled meeting remains the consideration and approval of the unaudited financial results for the first quarter ended June 30, 2026.

The decision was made during a preliminary gathering of the Board on August 11, 2026. The company notified the BSE Limited Listing Compliance Department pursuant to Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. This regulatory filing ensures that investors are informed of the change in schedule before the new date.

Meeting Details

The rescheduled meeting will take place on Thursday, August 13, 2026. The agenda includes:

Approval of unaudited financial results for the quarter ended June 30, 2026
Any other items with the permission of the Chairman

Regulatory Compliance

The company disclosed the adjournment through an intimation letter dated August 11, 2026. The notice was signed by Abhay Gupta, Director (DIN: 02294699). The information is also available on the company’s website for public access. The previous intimation regarding the board meeting was issued on August 6, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.89%	+6.03%	+23.25%	+25.74%	+5.65%	+14.30%

IND Renewable Energy reported a net loss of ₹120.90 lakh for the financial year ended March 31, 2026, as the company recorded zero revenue from operations. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026.

The company’s total expenses for the year rose to ₹120.01 lakh, driven primarily by other expenses which stood at ₹119.49 lakh. In the corresponding previous year, the company had reported a net loss of ₹7.95 lakh on total income of ₹6.31 lakh. For the quarter ended March 31, 2026, the net loss was ₹104.78 lakh compared to a profit of ₹0.21 lakh in the same period last year.

Financial Performance

The financial statements show a complete absence of operational income during the year. The basic and diluted earnings per share (EPS) for the year stood at a loss of ₹0.868, worsening from a loss of ₹0.057 in the previous year.

Metric	FY26 (₹ in Lakhs)	FY25 (₹ in Lakhs)
Revenue from Operations	0.000	0.000
Total Income	0.000	6.310
Total Expenses	120.010	13.380
Net Profit/(Loss)	(120.900)	(7.950)
Basic EPS	(0.868)	(0.057)

Balance Sheet and Cash Flows

The company’s total assets as of March 31, 2026, stood at ₹2,683.30 lakh, slightly up from ₹2,672.35 lakh in the previous year. Equity share capital remained constant at ₹1,392.60 lakh, while total equity decreased to ₹2,483.75 lakh from ₹2,604.64 lakh due to the accumulated losses. Borrowings increased to ₹60.23 lakh from ₹47.22 lakh.

Cash flow from operating activities resulted in a net outflow of ₹12.51 lakh for the year. The company reported a net increase in cash and cash equivalents of negative ₹0.01 lakh, bringing the closing balance to ₹0.43 lakh.

Auditor’s Report

Statutory auditors K S Subrahmanyam & Co. issued an unmodified opinion on the standalone Ind AS financial statements. The auditors confirmed that the company has adequate internal financial controls over financial reporting that were operating effectively as of March 31, 2026. The report also noted that no director was disqualified from being appointed as a director as of the reporting date.