Solarium Green Energy Limited has accepted the resignation of Rajendra Bhausaheb Tandale from his position as Head Project in Operations. The company’s Board of Directors approved the departure during a meeting held on August 05, 2026, confirming that Tandale will cease his duties with effect from the close of business hours on August 14, 2026. The firm stated that professional growth was the only reason for the exit, with no other material factors involved.

The Board meeting, which commenced at 4:30 P.M. and concluded at 5:30 P.M., also addressed administrative changes to the company’s registered office. In addition to approving Tandale’s resignation, the directors authorized shifting the registered office from B-1208, World Trade Tower, Behind Skoda Showroom, Makarba, Ahmedabad, Gujarat - 380051, to B-1207, World Trade Tower, Behind Skoda Showroom, Makarba, Ahmedabad, Gujarat - 380051. This change takes effect immediately from August 05, 2026, remaining within the local limits of the same city.

Resignation Details

Rajendra Bhausaheb Tandale tendered his resignation formally on August 05, 2026, addressing the Board of Directors. In his resignation letter, he confirmed that there were no other material reasons for his departure aside from seeking professional growth. He expressed gratitude for the support received during his tenure and committed to ensuring a smooth transition of responsibilities, including the systematic completion of ongoing project timelines and handovers.

The company’s disclosure, filed pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reiterates that the Board has taken note of and accepted the resignation. The filing confirms that the reason provided by Tandale is consistent with the company’s understanding, with no undisclosed conflicts or issues.

Regulatory Compliance

The announcement was made under the second proviso to Regulation 30(6) of the SEBI Listing Regulations, 2015. The disclosure also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the resignation of senior management personnel. Ankit Garg, Chairman & Managing Director of Solarium Green Energy Limited, signed the communication, which was submitted to the BSE Limited listing manager.

Key Dates and Actions

Tandale served as a Senior Management Personnel of the company. His departure marks a leadership change in the operations division, though the company did not disclose immediate succession plans in this filing. The shift in the registered office address is a minor administrative update within the same building complex in Ahmedabad.

Solarium Green Energy Limited has been included in the Ministry of New and Renewable Energy's (MNRE) Approved List of Models and Manufacturers (ALMM) for Solar PV Modules, effective July 6, 2026. The inclusion marks a significant milestone for the company's manufacturing business, enabling it to participate in government-backed solar projects. The company's facility located at Survey No. 508/1 & 508/2, Village Miroli, Daskroi, Ahmedabad, has been enlisted with an approved manufacturing capacity of 1.23 GW per annum.

The approval covers various models of the company's Bifacial P-Type Mono c-Si PERC Modules and Bifacial N-Type TOPCon Modules. The enlistment was detailed in an Office Memorandum issued by the MNRE's Grid Solar Power Division on July 6, 2026, which revised the List-I of the ALMM Order, 2019. The ALMM enlistment validity is subject to valid Bureau of Indian Standards (BIS) Registration, with the company holding registration number R-72015466.

Approved Models and Specifications

The notification specifies that only models complying with BIS Standards and meeting minimum module efficiency criteria are eligible for enlistment. For utility/grid-scale power plants using c-Si technology, the minimum module efficiency required is 20.00%. The company's enlisted models include various configurations such as 156, 144, 132, and 120 half-cut cells, with system voltages of 1500V.

The Ministry has directed that the enlistment is subject to the maintenance of valid BIS registration; failure to do so will result in the manufacturer being deemed delisted. The complete list of enlisted models and detailed specifications can be verified via the BIS website using the provided registration link.