Times Green Energy (India) Limited has completed the allotment of bonus equity shares in a 1:1 ratio, effectively doubling its share capital. The company's Board of Directors approved this significant corporate action on March 25, 2026, following the record date of March 24, 2026.

Bonus Share Allotment Details

The company has allotted 27,87,200 bonus equity shares of Rs. 10 each as fully paid-up shares. The allotment follows a 1:1 proportion, meaning shareholders received one bonus equity share for every existing fully paid-up equity share held as on the record date.

Impact on Share Capital

Following the bonus share allotment, Times Green Energy's capital structure has been significantly enhanced. The paid-up share capital has increased to Rs. 5,57,44,000, divided into 55,74,400 fully paid-up equity shares of Rs. 10 each.

Rights and Benefits

The newly allotted bonus equity shares will rank pari-passu in all respects with the existing equity shares of the company. These shares carry the same rights as existing shares, including dividend entitlements, voting rights, and other corporate benefits declared by the company after the allotment date.

Regulatory Compliance and Timeline

The allotment was conducted in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously communicated about this corporate action on February 05, 2026 and March 14, 2026.

The bonus equity shares will be credited to eligible shareholders within the statutory and regulatory timelines as prescribed by relevant authorities. The company has formally communicated this development to BSE Limited, where it is listed with scrip code 543310.

Times Green Energy (India) Limited has set March 24, 2026, as the record date for its bonus share issuance following the successful completion of its postal ballot process. The company announced the record date on March 18, 2026, in compliance with Regulation 42 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Record Date and Bonus Issue Details

The company has fixed the record date for determining eligible shareholders for the bonus share issuance:

Postal Ballot Results Overview

The postal ballot process, which concluded on March 14, 2026, achieved significant shareholder participation with both resolutions passing with 100% approval from voting shareholders:

Voting Process and Participation

The electronic voting process facilitated by National Securities Depository Limited recorded comprehensive participation across shareholder categories:

The voting period extended from February 13, 2026, at 9:00 a.m. IST to March 14, 2026, at 5:00 p.m. IST, with the e-voting facility blocked at 5:35 p.m. IST on the final day.

Regulatory Compliance and Implementation

Mr. Srinivas Prasad Kanuparthi, Chief Executive Officer, digitally signed and submitted the record date notification to BSE Limited. The company has fulfilled its regulatory obligations by submitting comprehensive documentation:

Mr. Jigarkumar Gandhi (FCS No.: 7569, COP 8108), Partner of JNG & Co. LLP, served as the appointed scrutinizer and confirmed that seven members cast their votes through the e-voting platform with no invalid votes recorded for either resolution.