TGV Sraac Limited has commissioned an additional 5.00 MWp of solar power capacity, increasing its total installed solar generation capability to 75.40 MWp. This latest expansion further strengthens the company's renewable energy infrastructure and operational efficiency.

The company disclosed this development in a regulatory filing dated September 30, 2026, referencing Regulation 30 read with Schedule III Part-A Para-B (3) of SEBI (LODR) Regulations, 2015. This update supersedes the previous status reported on September 28, 2026, which noted a total capacity of 70.40 MWp following an earlier addition.

Capacity progression

The new installation raises the company's solar power generating capacity from the previously reported 70.40 MWp to 75.40 MWp. This incremental growth reflects TGV Sraac's strategy to bolster self-generation capabilities, potentially reducing dependency on external power sources and optimizing energy costs.

Strategic implications

This capacity addition is part of the company's broader sustainability initiatives. By expanding its captive solar power generation, TGV Sraac aims to align with environmental standards, as evidenced by its ISO 14001 certification for environmental management systems. The move supports long-term energy security and cost stability for its industrial operations.

TGV Sraac Limited shareholders approved the alteration of the Object Clause in its Memorandum of Association (MoA) during the Annual General Meeting held on September 26, 2026. This regulatory filing, submitted to the Bombay Stock Exchange, formalizes the expansion of the company's permitted business activities.

Key Amendments to Object Clause

The approved changes involve two specific modifications to the main objects of the company. First, the existing clause regarding land acquisition and development was replaced with a new provision. This clause authorizes the company to take on lease or otherwise acquire lands and estates to develop resources through clearing, draining, fencing, planting, cultivating, building, improving, farming, irrigating, grazing, and promoting immigration and the establishment of villages and settlements.

Second, a new clause was inserted into Point III (A) 13 of the Object Clause. This addition explicitly permits the company to carry on the business of contractors, builders, town planners, infrastructure developers, estate developers, engineers, land developers, landscapers, estate agents, and immovable property dealers.

Expanded Real Estate and Construction Rights

The newly inserted clause grants TGV Sraac broad powers to acquire, buy, purchase, sell, lease, exchange, hire, or otherwise deal with lands, buildings, civil works, and immovable property of any tenure. It also allows the company to erect and construct houses, flats, bungalows, hospitals, or civil works of every type on company-owned or other lands. Furthermore, the company is authorized to pull down, rebuild, enlarge, alter, and improve properties within India or abroad.

Regulatory Compliance

The alteration was executed in compliance with Regulation 30 Schedule III, Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. An altered copy of the Memorandum of Association was enclosed with the disclosure for the exchange's records. The document was signed by V. Radhakrishna Murthy, Chief General Manager and Company Secretary.