The Board of Directors of Times Green Energy has approved the re-appointment of Chandaka Janardhanrao as a Whole Time Director. The decision was taken during a board meeting held on August 20, 2026, at the company's registered office in Hyderabad.

The re-appointment is based on the recommendation of the Nomination and Remuneration Committee. It is subject to the approval of shareholders in a general meeting. The revised Draft Notice of the Annual General Meeting (AGM) includes this transaction along with other matters approved by the Board on August 18, 2026.

Appointment Details

Chandaka Janardhanrao will serve as an additional Executive Director designated as Whole Time Director. His tenure will be for a period of five years, commencing on August 25, 2026.

Profile and Disclosure

Janardhanrao brings experience as a management consultant across various companies. He is also associated as a Designated Partner in Anubhoothi Jewellers LLP. The company disclosed that he is not debarred from holding the office of director by virtue of any SEBI order or other regulatory authority. No relationships between directors were disclosed in relation to this appointment.

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-CFD-POD2/I/3762/2026 dated January 30, 2026.

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.