Times Green Energy appoints TRAK and Associates as statutory auditor

1 min read     Updated on 19 Aug 2026, 08:45 PM
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AI Summary

Times Green Energy India Ltd appointed M/s. TRAK and Associates as statutory auditor for five years, effective from the 16th AGM conclusion. The Board approved the move on August 18, 2026, complying with Section 139 of the Companies Act, 2013 and SEBI Listing Regulations. The appointment requires shareholder approval at the upcoming AGM.

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Times Green Energy India Ltd has appointed M/s. TRAK and Associates as its statutory auditor for a five-year term. The Board of Directors approved the appointment on August 18, 2026, based on the recommendation of the Audit Committee.

The firm’s tenure will begin immediately after the conclusion of the company’s 16th Annual General Meeting and extend until the conclusion of the 21st Annual General Meeting, scheduled to be held in calendar year 2031. This appointment is subject to shareholder approval at the ensuing AGM.

Appointment Details

The move complies with Section 139 of the Companies Act, 2013. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.

Particulars Details
Auditor Firm M/s. TRAK and Associates
Firm Registration Number 017290S
Term Duration 5 Years
Effective Period From conclusion of 16th AGM to conclusion of 21st AGM
Director Relationships Not Applicable

TRAK & Associates is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India. The firm operates offices in Hyderabad, Chennai, and Kadapa, offering services in finance, funding, accounting, audits, taxation, regulatory compliance, and strategic consulting.

Historical Stock Returns for Times Green Energy

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.62%+11.71%-6.94%-2.67%+46.36%

How might the five-year tenure of TRAK and Associates impact Times Green Energy's long-term financial transparency and investor confidence?

What specific audit challenges or strategic insights can be expected from a firm with offices in Hyderabad, Chennai, and Kadapa for a green energy company?

Will the upcoming shareholder approval at the 16th AGM face any resistance, and what does this indicate about current stakeholder sentiment?

Times Green Energy reschedules board meeting to May 29, 2026

0 min read     Updated on 29 May 2026, 12:57 AM
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Times Green Energy (India) Limited has postponed its board meeting to May 29, 2026. The meeting will consider audited financial results for the half year and year ended March 31, 2026, and the raising of funds via Non-Convertible Debentures. The trading window remains closed and will open 48 hours after the meeting concludes.

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Times Green Energy (India) Limited has rescheduled its board meeting to May 29, 2026, to approve audited financial results and consider raising funds through debt securities. The meeting, originally set for May 28, 2026, was postponed due to unavoidable circumstances and will now be held at the company's registered office in Hyderabad.

The board will discuss and approve the audited financial results for the half year and year ended March 31, 2026. Additionally, the directors will consider raising funds by the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. Any other business with the permission of the chair will also be taken up.

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities is currently closed. The window will reopen 48 hours after the conclusion of the board meeting.

Agenda for Board Meeting

Agenda Item Details
Audited Financial Results For half year and year ended March 31, 2026
Fund Raising Issuance of NCDs on private placement basis
Other Business With permission of Chair

Historical Stock Returns for Times Green Energy

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.62%+11.71%-6.94%-2.67%+46.36%

What specific projects or capital expenditures will the proposed NCD issuance fund?

How will the audited financial results impact the company's credit rating and borrowing costs for the NCDs?

What market conditions or 'unavoidable circumstances' necessitated the one-day postponement of the board meeting?

More News on Times Green Energy

1 Year Returns:-2.67%