XL Energy Limited has scheduled its 39th Annual General Meeting for Wednesday, September 30, 2026. The event will be conducted through Video Conferencing or Other Audio-Visual Means.

The company notified the BSE and NSE of the schedule on September 5, 2026. Shareholders are advised to register or update their email addresses to participate in remote e-voting.

Meeting Details

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Naresh Jain, Director, signed the communication.

XL Energy Limited has accepted the resignation of Sandeep Kumar Hisaria as Whole Time Director, effective August 5, 2026. Hisaria, who held Director Identification Number (DIN) 00190632, tendered his resignation to pursue professional opportunities outside the organization. The departure marks a leadership change at the executive level of the Hyderabad-based energy firm, which disclosed the move to stock exchanges on August 6, 2026.

The resignation was formally communicated to the Board of Directors on August 5, 2026, with effect from the close of business hours on that date. Naresh Jain, a director at XL Energy Limited (DIN: 00291963), signed the disclosure letter submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE). The filing confirms that Hisaria’s tenure concluded without any stated disputes or regulatory irregularities, adhering to standard corporate governance protocols for executive exits.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the filing references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, ensuring full compliance with current listing obligations. XL Energy Limited provided detailed particulars of the resignation in Annexure-A, confirming the reason for change as resignation and specifying the exact date of cessation.

Hisaria’s resignation letter, enclosed as Annexure-B, expressed gratitude to the Board of Directors for their support during his tenure. He requested that the Board relieve him of his duties and responsibilities with immediate effect from the specified date. The company has acknowledged the receipt of the resignation and updated its records accordingly.

Leadership Transition

Sandeep Kumar Hisaria served as the Whole Time Director, a key executive role responsible for day-to-day management operations. His exit creates a vacancy in the senior leadership team, which the Board will likely address through future appointments or internal restructuring. No successor was named in the initial disclosure, indicating that the search for a replacement or the redistribution of responsibilities may be an ongoing process within the company’s governance framework.

The move does not appear to impact the company’s ongoing operational commitments or financial reporting cycles, as no material adverse effects were disclosed alongside the resignation. Investors are advised to monitor subsequent filings for any announcements regarding the appointment of a new Whole Time Director or changes in the board’s composition. The disclosure underscores XL Energy Limited’s adherence to transparent communication practices with market regulators and stakeholders.