GK Energy Limited has formally announced the resignation of Mrs. Chandra Iyengar from her position as Independent Director, marking a significant change in the company's board composition. The resignation, submitted on February 26, 2026, takes effect from the close of business hours on the same date.

Resignation Details

Committee Memberships Affected

Following her resignation as Independent Director, Mrs. Iyengar will also cease to hold positions in key board committees:

• Stakeholders Relationship Committee - Member
• Corporate Social Responsibility Committee - Member

Other Directorships

Mrs. Iyengar continues to serve as a director at Adani Energy Solutions Limited, where she holds multiple committee positions including:

• Chairman of Nomination and Remuneration Committee
• Chairman of Corporate Social Responsibility Committee
• Member of various committees including Audit Committee, Stakeholders Relationship Committee, Risk Management Committee, and others

Resignation Statement

In her resignation letter dated February 26, 2026, Mrs. Iyengar stated her decision to step down was driven by personal commitments and her desire to gradually reduce professional commitments. She expressed satisfaction in witnessing the company's progress and strengthening governance standards during her tenure.

Mrs. Iyengar confirmed that there are no material reasons for her resignation other than those mentioned in her resignation letter, as required under regulatory guidelines.

Company Response

The Board of Directors has expressed sincere appreciation for Mrs. Iyengar's valuable guidance and significant contributions during her tenure as Independent Director. The company has completed the necessary regulatory disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

GK Energy Limited, formerly known as GK Energy Private Limited and GK Energy Marketers Private Limited, is listed on both NSE (Symbol: GKENERGY) and BSE (Scrip Code: 544525). The company is headquartered in Pune, Maharashtra.

GK Energy Limited has submitted its investor presentation to stock exchanges following the publication of its strong Q3FY26 financial results. The Pune-based solar energy solutions provider reported impressive growth across key performance metrics and shared comprehensive business insights through its investor presentation dated February 16, 2026.

Regulatory Compliance and Investor Communication

On February 16, 2026, GK Energy Limited informed both NSE and BSE about its investor presentation for the unaudited financial results for the quarter and nine months ended December 31, 2025. The communication was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with Company Secretary & Compliance Officer Jeevan Santoshkumar Innani signing the official correspondence.

Strong Financial Performance Highlights

The company's standalone financial results for Q3FY26 demonstrated remarkable growth momentum. Net profit increased substantially to ₹588.25 million compared to ₹372.96 million in the corresponding quarter of the previous year, representing growth of 57.70%. Revenue from operations reached ₹4,601.97 million, up 43.60% from ₹3,203.78 million in Q3FY25.

Operational Excellence and Market Leadership

According to the investor presentation, GK Energy installed 43,421 Solar Powered Pump Systems in the nine months of FY26 compared to 30,747 systems in the corresponding period of FY25, achieving 41.22% growth. The company maintains a strong order book of ₹803.24 crores consisting of Solar powered pump systems worth ₹787.58 crores (33,067 pumps) and rooftop systems worth ₹15.66 crores (3.55 MW) as of December 31, 2025.

Business Expansion and Strategic Positioning

The investor presentation highlighted GK Energy's position as India's largest pure play provider of EPC services for solar-powered agricultural water pump systems. The company is empanelled across key agricultural states including Maharashtra, Rajasthan, Haryana, Uttar Pradesh, and Madhya Pradesh, which collectively contribute over 88.16% of India's total Solar Pump Systems installed.

GK Energy has expanded its operations into Solar Rooftop Systems (RTS), leveraging its existing infrastructure and customer base. The company's asset-light model utilizes over 1,000 trained technical personnel, 15+ strategically located warehouses, and own logistics infrastructure to ensure efficient project execution and customer satisfaction.

Regulatory Publications and Compliance

Earlier, on February 14, 2026, GK Energy published its unaudited financial results in newspapers as required under Regulation 33 of SEBI LODR. The results were published in 'Financial Express' (English) and 'Loksatta' (Marathi) newspapers following board approval on February 13, 2026.

The comprehensive investor presentation demonstrates GK Energy's commitment to transparent communication with stakeholders while showcasing its strong market position in India's rapidly growing solar energy sector. The company continues to benefit from government initiatives like PM-KUSUM scheme and state-level programs supporting solar agricultural pump installations.