Orient Green Power Company Limited has scheduled its 19th Annual General Meeting (AGM) for July 22, 2026, to be conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) at 11:00 a.m. IST. The company has informed shareholders that the Annual Report for FY 2025-26 is available on its website and stock exchange portals, as physical copies were not sent to those without registered email addresses. The meeting will seek shareholder approval for material related party transactions worth ₹3,480 lakhs with Beta Wind Farm Private Limited, a subsidiary in which Orient Green Power holds a 74% equity shareholding. Additionally, the company proposes a special resolution to authorize loans, guarantees, or security to subsidiaries and step-down subsidiaries up to ₹1,000 Crores.

AGM Key Details

The following table summarizes the key dates and logistics for the 19th AGM:

Material Related Party Transactions

A key agenda item is the approval of material related party transactions with Beta Wind Farm Private Limited. The aggregate value of the proposed transactions is ₹3,480 lakhs, which exceeds the materiality threshold limit of ₹2,635 lakhs as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transactions are proposed to be at arm's length and in the ordinary course of business.

Financial Assistance to Subsidiaries

The company proposes a special resolution under Section 185 of the Companies Act, 2013, to advance loans, give guarantees, or provide security to subsidiaries and step-down subsidiaries. The total financial exposure shall not exceed ₹1,000 Crores at any point in time. These funds are intended for the principal business activities of the subsidiaries, including expansion and working capital requirements.

Director Re-appointments and Board Matters

Shareholders will also vote on the re-appointment of Mr. T Shivaraman as Managing Director and Mr. R Ganapathi as Non-Executive Director, both of whom are liable to retire by rotation. Mr. T Shivaraman holds 3,64,870 equity shares in the company, while Mr. R Ganapathi holds nil shares. The Board at its meeting dated May 11, 2026 also accorded in-principle approval for the merger of two wholly owned subsidiaries — Bharath Wind Farm Limited and Orient Green Power Europe BV — with the holding company, subject to shareholder and statutory approvals.

Orient Green Power Company Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the stock exchanges. The filing, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines the company's environmental, social, and governance performance for the year ended March 31, 2026.

The BRSR covers the company's operations in wind and solar power generation, which accounted for 99% of its turnover. Orient Green Power reported a total of 140 permanent employees, comprising 129 males and 11 females. The company stated that it does not employ any workers on a permanent or non-permanent basis.

Financial and Operational Overview

The company's paid-up capital stands at ₹1,17,303 lakhs. It operates 45 plants, including 44 national and one international location. The report highlights that the company's production process does not result in any emissions, as it does not use raw materials for power generation.

Environmental Performance

The report details the company's energy consumption and greenhouse gas emissions. Orient Green Power reported total energy consumption of 1,87,53,674 MJ from non-renewable sources for FY26. The total Scope 1 and Scope 2 emissions were 15.09 metric tonnes and 3,698.64 metric tonnes of CO2 equivalent, respectively.

Water withdrawal for the year was 184.5 kilolitres, entirely from groundwater. The company reported that its business does not involve any liquid discharge that could affect the environment.

Social and Governance Metrics

Orient Green Power reported zero safety incidents, including no fatalities or recordable injuries, for the financial year. The company also reported no complaints related to sexual harassment, discrimination, or child labour.

The gross wages paid to females constituted 10.81% of the total wages paid by the entity. The company spent 0.26% of its total revenue on well-being measures for employees.

Assurance and Compliance

The BRSR has undergone a reasonable assurance engagement conducted by K Rajagopal, a practising Chartered Accountant. The engagement was performed in accordance with the Standard on Sustainability Assurance Engagements (SSAE) 3000 and Standard on Assurance Engagements (SAE) 3410 issued by the Institute of Chartered Accountants of India (ICAI).

The report confirms that the company is compliant with applicable environmental laws, noting that wind and solar farms are categorized as 'White' industries by the Central Pollution Control Board, which do not require Consent to Operate.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE999K01014/c8aee6bbcf6a4368.pdf