Gujarat Inject Kerala Ltd

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.

EGM adjournment details

• EGM scheduled for 12 August 2026 was adjourned due to lack of quorum.
• Adjourned EGM to be held on 19 August 2026 at 3:30 PM via VC/OAVM.
• Business to be transacted remains as in the original EGM notice.
• Notice of adjournment to be published; shareholders to be intimated.

Appointment of CFO

• Appointment of Radadiya HardikKumar AnilBhai as CFO & KMP, effective 10 Aug 2026; MCA, 7 years accounting experience.

Resolutions proposed

• Resolution 1: Special; rescind Apr 3, 2025 name-change to SHRIKARA GLOBAL ENTERPRISE LIMITED.
• Resolution 2: Special; change name to REGENOVA RENEWTECH LIMITED after ROC certificate.
• R1 terms: board to file forms with ROC and authorities to give effect.
• R2 terms: MOA/AOA updated; name substituted; directors authorized to act.
• Promoters/directors: no interest disclosed.

EGM details and voting timeline

• EGM date: 12 August 2026 at 3:30 PM via VC/OAVM.
• Cut-off date for voting eligibility: 5 August 2026.
• Remote e-voting: 8–11 August 2026.
• Proxy attendance not available; voting through e-voting only.
• Voting results to be declared within two working days post-meeting.

Impact on ownership and governance

• No material change to shareholding or control anticipated.
• Primary governance impact is name change; no fund utilization details.

Financial highlights

• Revenue from operations: Rs 12.45 crore for Q1 FY27, up 414.4% YoY.
• PAT: Rs 1.25 crore; EPS Rs 0.86 for Q1 FY27.
• PBT Rs 168.76 lakh; tax Rs 43.60 lakh; PAT after tax Rs 125.16 lakh.

Leadership change

• Appointed Mr. Murli Shivshankaran Nair as Additional Director and Managing Director; effective July 6, 2026 for 3 years.
• Appointment subject to shareholder approval at forthcoming general meeting.

Strategic branding and operations

• Board approves name change to REGENOVA RENEWTECH LIMITED; subject to shareholder approvals.
• Strategic pivot to renewable energy; operates 5MW solar project in Jakasana, Mehsana.
• MOA/AOA updated to reflect new name post-change.

Board approval

• Board approved standalone unaudited Q1 FY2026 results for quarter ended 30 June 2026.
• Limited Review Report by M/s S Mandawat & Co attached.

Reporting basis and segment

• Limited Review conducted; standalone results prepared under Ind AS 34; Ind AS 108 notes a single reportable segment.

Audit status

• Audit not conducted; review provides moderate assurance; no material misstatement identified.

Dates and venue

• Board meeting held on 15 July 2026 at Vadodara; meeting timings 09:00–09:45 hrs.