Gujarat Inject Kerala Ltd

AGM details

• AGM held on 29 September 2026 at 05:15 PM via VC/OAVM.
• Meeting concluded at 05:30 PM.
• 35 members present through VC/OAVM.
• Remote e-voting ran 25–28 September; resumed during AGM.
• Voting results to be announced by 1 October 2026.

Key resolutions

• Ordinary: Adopt audited standalone financial statements for FY2025-26.
• Special: Re-appointment of Murli Shivshankaran Nair (retires by rotation).
• Ordinary: Appointment of Statutory Auditors.
• Special: Regularisation of Independent Director Ila Sunil Trivedi.
• Special: Regularisation of Executive Director Murli Shivshankaran Nair.

Voting results

• Results to be announced by 01 October 2026.

Director changes

• Re-appointment by rotation: Murli Shivshankaran Nair (Executive/Director).
• Regularisation: Ila Sunil Trivedi (Independent Director).
• Regularisation: Murli Shivshankaran Nair (Executive Director).

Share split overview

• Equity shares split from face value ₹10 to ₹1; 10 new shares per old share.
• Record date fixed; post-split securities issued only in demat form.
• Physical share certificates are invalid for transfer, transmission, or other corporate actions.
• Split completion aligned with SEBI regime; demat issuance mandated for securities arising from corporate actions.

Claim process and requirements

• Open a demat account and claim post-split shares using ISR-4 and the Claim Form.
• Submit documents to Registrar and Share Transfer Agent, Bigshare Services Pvt. Ltd.
• Required documents include self-attested PAN, address proof, bank details, CML, and signature attestation.
• RTA may request additional documents in specific cases; verify requirements before submission.

Gujarat Inject Kerala Ltd: Trading window closed from 01 October 2026 till the expiry of 48 hours after the declaration of the Unaudited Financial Results for the 2nd Quarter & half year ended on 30th September, 2026

Financial performance

• Revenue from operations: ₹3,632.04 L (FY26)
• Total revenue: ₹3,651.67 L (FY26)
• Profit before tax: ₹250.41 L (FY26)
• Profit after tax: ₹181.41 L (FY26)
• Basic EPS: ₹1.24; Diluted EPS: ₹1.24

Business developments & strategy

• Name change to Regenova Renewtech Limited approved Aug 19, 2026
• Equity subdivision: 10 new shares of ₹1; record date 8-Jul-2026
• CWIP Solar Power Project: ₹2,076.45 L; revenue to accrue after liability discharge
• Significant solar module orders; strategic renewables arrangements
• MD appointment: Murli Shivshankaran Nair as Managing Director for 5 years from 06-Jul-2026

Capital structure & liquidity

• Issued capital: ₹1,464.90 L; paid-up: ₹1,462.06 L; outstanding shares: 14,620,600
• Authorized share capital: ₹1,500.00 L; no long-term borrowings
• Current liabilities: ₹2,483.54 L; current assets: ₹1,156.34 L; current ratio: 0.47
• Cash & equivalents: ₹67.82 L
• Total equity: ₹1,182.98 L; retained earnings: ₹-621.62 L; securities premium: ₹340.80 L

Governance & key appointments

• Statutory auditors: to be appointed for 5 years via M/s S N D K & Associates LLP
• Secretarial Auditor: UTKARSH SHAH & CO; raised non-compliances: SDD, publishing results, peer review
• Independent Director Ila Sunil Trivedi appointed 05-Feb-2026; regularisation at AGM
• CFO change: Hardikkumar Radadiya appointed CFO from 10-Aug-2026; predecessor Deepak Bachwani died 23-Jun-2026

Corporate actions & compliance

• Main Object Clause altered to energy sector; approved 34th AGM (Sept 2025)
• Registered office shifted from Kerala to Gujarat in 2023; statutory filings completed
• Green initiative: paperless annual report for members with registered emails

Risk management & internal controls

• Internal financial controls deemed adequate; no material weaknesses
• System Driven Disclosures not implemented; delays in regulatory disclosures and approvals

Outlook & opportunities

• Renewables focus; solar module orders and energy arrangements expected to boost revenue
• Investment Sale Agreement with Soleos Energy Limited; revenue rights to accrue upon liabilities discharge
• Strategic diversification into energy and allied technologies to drive growth

AGM Details

• AGM on 29 September 2026 at 04:30 PM via VC/OAVM.
• Remote e-voting opens 25 September 2026 09:00; closes 28 September 2026 17:00.
• Cut-off date for voting eligibility: 22 September 2026.
• Deemed venue: Registered Office via VC/OAVM.

Dividend

• Dividend for the year: not proposed.

Resolutions

• Ordinary: Adoption of standalone financial statements and reports.
• Ordinary: Re-appointment of Murli Shivshankaran Nair as director by rotation.
• Ordinary: Appointment of Statutory Auditors for five years.
• Special: Regularisation of Ila Sunil Trivedi as Independent Director for five years.
• Special: Regularisation of Murli Shivshankaran Nair as Executive Managing Director for five years.

Auditors

• Statutory auditors appointed for five years from AGM conclusion; remuneration mutually agreed.

Directors & MD Changes

• Independent Director Ila Sunil Trivedi appointed as Independent Director (Additional on 05 Feb 2026).
• Managing Director Murli Shivshankaran Nair appointed for five years (06 Jul 2026 to 05 Jul 2031).

Related Party Transactions

• No material related party transactions in FY2025-26.

Other Approvals

• Change of company name to Regenova Renewtech Limited approved at adjourned EGM on 19 Aug 2026.

Financial Highlights

• Revenue 3,651.67 Lakhs; Net profit 181.41 Lakhs.

Partnership details

• Strategic partnership with Storenergy Limited to jointly explore REST opportunities in India.
• Commercial terms for individual REST projects to be finalised later.
• Not a related-party transaction.
• Framework enables identification, evaluation and development of REST opportunities.
• Storenergy Limited is UK-based; press release dated 24 August 2026.

Parties and nature

• Gujarat Inject Kerala Limited and Storenergy Limited (England) enter a Strategic Business Partnership/Framework Agreement.

Purpose

• Collaborate to evaluate, develop, and pursue TESS opportunities in India.

Key terms

• Commercial terms to be decided later; framework for collaboration.

Related party

• Not a related party transaction; Storenergy Limited is not in promoters/group.

Impact

• Expected to facilitate Gujarat Inject Kerala's participation in India TESS market.

Regulatory/Disclosures

• Regulatory approvals not specified in the filing.

Resolutions

• Item 1: Special resolution to rescind the April 3, 2025 resolution; promoters not interested; approved 100%.
• Item 2: Special resolution to change name to Regenova Renewtech Limited; promoters not interested; approved 99.99%.

Resolutions

• Resolution 1: Special; rescind the prior Special Resolution passed on 03 Apr 2025.
• Resolution 2: Special; change name from Gujarat Inject Kerala Limited to Regenova Renewtech Limited.

Voting status

• Voting results are pending; to be announced by 21 August 2026.

Impact on ownership

• Name change proposed to Regenova Renewtech Limited; impact on shareholding not specified.

Governance / meeting execution

• Meeting conducted via VC/OAVM; adjourned 01/2026-27 EGM.