Times Green Energy has announced the record date for its 16th Annual General Meeting. The company’s register of members and share transfer books will remain closed from Monday, September 7, 2026 to Sunday, September 13, 2026.

This closure determines shareholder eligibility for voting at the upcoming meeting for the financial year ended March 31, 2026.

Regulatory Compliance

The intimation was issued pursuant to Section 91 of the Companies Act, 2013. It also aligns with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Janaradhanarao Chandaka, Whole-Time Director, signed the disclosure on August 21, 2026. The notice was addressed to the Listing Department of BSE Limited.

Times Green Energy (India) Limited has scheduled its 16th Annual General Meeting for September 14, 2026, in Hyderabad. The company will seek shareholder approval for a ₹30 crore non-convertible debenture (NCD) issue carrying an 18% coupon rate. The meeting also covers the reappointment of Whole-Time Director Chandaka Janardhanrao and the regularization of two independent directors.

The proposed debt issuance involves 600 senior, secured, unlisted NCDs with a face value of ₹5 lakh each. The tenor is set at 48 months from the date of allotment, with interest payable semi-annually. To secure the debt, the company proposes creating a first-ranking mortgage charge over its immovable property located in Yadadri Bhuvanagiri District, Telangana. Axis Trustee Services Limited is appointed as the debenture trustee.

Capital Raising and Strategic Expansion

The proceeds from the NCD issue are earmarked for general corporate purposes, including working capital requirements for agro-related activities and sanitary napkin manufacturing. The company plans to use funds to construct a fully automated sanitary napkin unit and launch FMCG brands. Additionally, capital will support the expansion of healthcare services through hospital ventures.

In parallel, shareholders will vote on altering the Memorandum of Association to expand business operations into agricultural commodities and renewable energy projects. The new object clauses permit trading in agri-commodities and developing wind-solar hybrid power generation projects. The company has also sought authority to raise up to ₹100 crore through permissible equity or debt instruments in the future.

Board Appointments

The AGM agenda includes governance changes involving key leadership roles:

• Reappointment of Chandaka Janardhanrao as Whole-Time Director for five years, effective August 25, 2026.
• Regularization of Divaker Nandanam as Non-Executive Independent Director for a five-year term starting January 20, 2026.
• Regularization of Sheeza Abbas as Non-Executive Independent Director for a five-year term starting August 18, 2026.
• Appointment of Ramakrishna Avadhanam as Whole-Time Director for five years, effective August 18, 2026.

M/S TRAK & Associates has been proposed for appointment as statutory auditors for a five-year term until 2031. Remote e-voting facilities will be available via NSDL from September 10 to September 13, 2026.