Times Green Energy (India) Limited announced significant board changes and policy revisions following its board meeting held on January 20, 2026. The meeting, conducted at the company's registered office, addressed key appointments and strategic decisions under SEBI regulations.

Board Appointments and Changes

The board approved several important personnel changes during the meeting. Key appointments and cessations are detailed below:

New Independent Director Profile

Mr. Divaker Nandanam brings practical business experience to the board. His appointment details include:

The appointment is designated as Additional Non-Executive Independent Director and remains subject to shareholder approval.

Company Secretary Appointment

Mr. Mahavir Kumar Jain assumes the role of Company Secretary and Compliance Officer with substantial professional credentials:

• Professional Qualification: Associate Member of Institute of Company Secretaries of India (ICSI)
• Experience: Over 8 years in legal and regulatory roles
• Expertise: Corporate governance and compliance management
• Independence: No relationships with existing company directors

Debenture Interest Rate Revision

The board exercised powers under the Special Resolution passed in the Annual General Meeting held on September 13, 2022, to revise Non-Convertible Debenture terms:

This revision represents a 6.00 percentage point increase in the interest rate for the proposed private placement of Non-Convertible Debentures.

Meeting Details and Compliance

The board meeting commenced at 04:30 PM and concluded at 05:00 PM on January 20, 2026. All decisions were made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The company has provided detailed annexures containing comprehensive information about the new appointments as required under SEBI regulations, ensuring full transparency and regulatory compliance.

Times Green Energy (India) Limited has announced a significant change in its key managerial personnel with the resignation of CS Abhishek Reddy Rachur from his dual role as Company Secretary and Compliance Officer. The resignation marks an important corporate development for the Hyderabad-based company as it seeks to fill this critical compliance position.

Resignation Details and Timeline

CS Abhishek Reddy Rachur (Membership No.: A45303) formally submitted his resignation letter on December 11, 2025, requesting relief from his duties effective January 01, 2026. The resignation was subsequently accepted by the Board of Directors on January 03, 2026, with the company promptly notifying BSE Limited of this change.

Regulatory Compliance and Disclosure

The company has fulfilled its regulatory obligations by informing BSE Limited under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The disclosure was made in accordance with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring full transparency regarding this key personnel change.

In his resignation letter, Rachur expressed gratitude to the Board of Directors and management for their support and guidance during his tenure. He described his time with the company as professionally rewarding and extended wishes for continued success to Times Green Energy.

Next Steps and Succession Planning

Times Green Energy has indicated that the noting of the resignation will be formally recorded at the next Board Meeting. The company has committed to appointing a new Company Secretary and Compliance Officer and will inform the stock exchange about the successor appointment in due course.

The resignation requires the company to file eForm DIR-12 with the Registrar of Companies (RoC) and submit necessary documentation to BSE to formalize the personnel change. CEO Srinivas Prasad Kanuparthi signed the official communication to BSE regarding this corporate development.

Company Background

Times Green Energy (India) Limited, headquartered in Hyderabad with offices at Dhruvathara Apartments, Medinova Complex, operates under CIN L40300TG2010PLC071153. The company trades on BSE with scrip code 543310 and maintains its corporate communications through official channels as required by listing regulations.