Times Green Energy (India) Limited filed a revised disclosure on August 19, 2026, correcting details from its board meeting held on August 18, 2026. The Hyderabad-based company clarified that the statutory auditor’s tenure was approved for five years, not four as initially reported. The revision also confirmed other key approvals, including a potential equity raise of up to ₹100 crore and strategic changes to its business scope.

The board authorized the issuance of equity shares and/or other eligible securities in one or more tranches. Permissible modes include further public issues, rights issues, private placements, qualified institutional placements (QIPs), or depository receipts (ADRs/GDRs), subject to shareholder approval at the ensuing Annual General Meeting (AGM).

Strategic Expansion into Renewables

The company amended its Memorandum of Association (MOA) to formally enter the renewable energy sector. This alteration of the object clause enables Times Green Energy to undertake, develop, and manage wind, solar, and hybrid renewable energy projects.

The expanded scope includes:

• Generation, production, storage, transmission, and distribution of electricity from renewable sources.
• Development of projects along highways, expressways, and other suitable locations.
• Entry into power purchase agreements, concessions, and joint ventures with government authorities and private entities.

Board and Auditor Appointments

The company restructured its board and audit committees with several new appointments effective subject to shareholder approval:

Ms. Abbas brings experience in real estate, wealth management, and financial services, while Mr. Avadhanam has over two decades of experience in media and entertainment management. The revised filing specifies that the auditor’s term runs from the conclusion of the 16th AGM till the conclusion of the 21st AGM, scheduled for 2031.

Director Cessations

Two directors ceased to hold office upon the completion of their terms, effective August 25, 2026:

• Mr. Bhambal Ram Meena: Non-Executive Non-Independent Director.
• Ms. Sripati Susheela: Non-Executive Independent Director.

The board also noted the draft Board Report and Management Discussion and Analysis for FY26, alongside the reconstitution of board committees. The meeting commenced at 8:30 pm and concluded at 10:00 pm at the company’s registered office in Hyderabad.

Times Green Energy India Ltd has expanded its boardroom with the appointment of two new directors, bringing in expertise from diverse sectors including real estate, wealth management, and media. The company’s Board of Directors approved the appointments during a meeting held on August 18, 2026, at its registered office in Hyderabad.

Mrs. Sheeza Abbas (DIN: 11888437) has been appointed as an Independent Director for a term of five years, effective from August 18, 2026. Mr. Ramakrishna Avadhanam (DIN: 11888440) has been appointed as an Additional Executive Director, designated as a Whole Time Director, also for a five-year term starting from the same date.

Both appointments are subject to approval by the shareholders in a general meeting. The disclosures were made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Director Profiles

The new appointees bring distinct professional backgrounds to the board:

• Sheeza Abbas: A management-oriented professional with a Bachelor of Arts degree. Her experience spans real estate, wealth management, financial services, client communication, editorial operations, and hospitality. She is described as having expertise in managing client relationships, coordinating sales processes, and maintaining opportunity pipelines.

• Ramakrishna Avadhanam: A media and entertainment management professional holding a Master’s Degree. He possesses over two decades of experience across television, radio, audio, OTT, and film sectors.

Regulatory Disclosures

The company confirmed that neither director is related to any existing director of the company. Additionally, there are no other directorships or partnership interests disclosed for either appointee. Ramakrishna Avadhanam is not debarred from holding office as a director by virtue of any SEBI order or other authority.

Janardhanrao Chandaka, the Whole Time Director, signed the intimation letter addressed to the Listing Department of BSE Limited on August 19, 2026.