Sterling & Wilson Renewable Energy Ltd announced that Mr. Sunil Kumaran has ceased to be a Senior Management Personnel (SMP) of the company effective from the close of business hours on June 19, 2026. The change in status is due to a restructuring of the reporting hierarchy within the organization.

The disclosure was made to the stock exchanges in compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted by Mr. Jagannadha Rao Ch. V., the Company Secretary and Compliance Officer.

Details of the Change

The company provided specific details regarding the cessation of the senior management personnel in its regulatory filing. The following table summarizes the key information:

The notification confirms that the departure is a result of internal organizational changes rather than a resignation or removal. The company has requested the exchanges to take the information on record.

Promoters of Sterling & Wilson Renewable Energy have encumbered their entire shareholding, amounting to 1,62,01,291 equity shares or 6.94% of the total paid-up equity capital, for the financial year ended March 31, 2026. The disclosure, submitted by Shapoorji Pallonji and Company Private Limited, confirms that all shares held by the promoters were encumbered directly or indirectly during FY26. This development is significant as it indicates the promoters have pledged their entire stake, which could impact the company's stock structure depending on the nature of the encumbrance.

The filing was made to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoters explicitly declared that no encumbrances were made other than the 1,62,01,291 equity shares of Rs. 10 each already disclosed to the exchanges. Furthermore, the promoters stated that along with persons acting in concert, specifically Mrs. Rohiqa Mistry and Mr. Pallon Mistry, no additional encumbrances were created on the equity shares held by them during the financial year.

Other members of the promoter group provided separate declarations confirming their holdings and the absence of encumbrances. Rohiqa Cyrus Mistry disclosed holding 6,87,062 equity shares, representing 0.29% of the total paid-up equity capital, while Pallon S Mistry declared holding 7,20,000 equity shares, representing 0.31% of the capital. Both individuals confirmed that they did not make any encumbrance of shares, directly or indirectly, during the financial year ended March 31, 2026.

The following table summarizes the shareholding and encumbrance status disclosed by the promoter group:

The disclosures were signed by R M Nentin, Director of Shapoorji Pallonji and Company Private Limited, and individually by Rohiqa Cyrus Mistry and Pallon S Mistry on April 3, 2026. The documents were addressed to the stock exchanges and the Audit Committee of Sterling and Wilson Renewable Energy Limited for their records and perusal.