SJVN Limited has announced a change in its Registrar and Share Transfer Agent (RTA), appointing MAS Services Limited to replace Alankit Assignments Limited. The Board of Directors approved this appointment through Circular Resolution No. 38/2026 passed on January 16, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New RTA Appointment Details

The appointment of MAS Services Limited as the new RTA will be effective for a period of three years. However, the exact effective date depends on the completion of electronic connectivity changes with NSDL and CDSL depositories.

Transition Process and Timeline

The transition from the current RTA to MAS Services Limited will follow a structured process to ensure continuity of services. Until the completion of electronic connectivity transfer and receipt of confirmations from both depositories, Alankit Assignments Limited will continue providing RTA services to the company and its shareholders.

SJVN will enter into a requisite tripartite agreement with MAS Services Limited and Alankit Assignments Limited to facilitate a smooth transition. The company has committed to informing the stock exchanges about the exact effective date once the transfer process is completed.

Background of RTA Change

The change in RTA follows the natural expiration of Alankit Assignments Limited's contract term. The previous RTA arrangement had specific tenure details that necessitated this transition.

Alankit's contract was provisionally extended for three months or until the effective date of the new RTA appointment to ensure uninterrupted services during the transition period. This extension was implemented to maintain seamless operations while facilitating the change of RTA services.

Regulatory Compliance

The announcement was made in full compliance with SEBI regulations, specifically Regulation 30 and Schedule III of SEBI (LODR) Regulations, 2015, read with SEBI Circular dated November 11, 2024. The company has provided all required details as mandated by these regulations to ensure transparency and proper disclosure to stakeholders and stock exchanges.

Assam Chief Minister Himanta Biswa Sarma inaugurated the 70 MW Dhubri Solar Power Project of SJVN Green Energy Limited (SGEL) on January 15, 2026, marking a significant milestone in the state's renewable energy development. The inauguration ceremony was attended by key officials including Prasanta Phukan, Minister of Power, Assam, and Bhupendra Gupta, Chairman & Managing Director of SJVN, along with other senior government and company officials.

Project Overview and Significance

The Dhubri Solar Power Project represents a landmark achievement as the first large-scale solar project in Assam and SJVN's first operational project in the Northeast region. The project underscores the company's commitment to expanding renewable energy capacity and supporting national objectives of energy security and sustainability.

Financial and Technical Specifications

The project was awarded to SGEL by Assam Power Distribution Company Limited (APDCL) on February 16, 2023, through a tariff-based competitive bidding process. The facility is designed with robust technical parameters to ensure optimal performance and environmental benefits.

Development Timeline and Leadership Support

The project's foundation stone was virtually laid by Prime Minister Narendra Modi on March 4, 2024, demonstrating high-level government support for renewable energy initiatives in the Northeast. SJVN's leadership expressed gratitude to various government officials for their guidance and support in project execution.

Chairman & Managing Director Bhupender Gupta acknowledged the visionary leadership of Prime Minister Modi and extended gratitude to Union Ministers Manohar Lal (Power) and Pralhad Joshi (New & Renewable Energy) for their support. The completion of this project reinforces SJVN's dedication to achieving national energy security and sustainability goals.

Regional Impact and Employment Generation

Director (Personnel) Ajay Kumar Sharma highlighted the project's significant contribution to Assam's renewable energy portfolio through clean electricity supply. The initiative is expected to generate both direct and indirect employment opportunities for local communities during development and operational phases, strengthening the regional economy while promoting sustainable energy practices.

The successful commissioning of the Dhubri Solar Power Project establishes a strong foundation for SJVN's future renewable energy ventures in the Northeast region and demonstrates the viability of large-scale solar projects in Assam's geographical and climatic conditions.