Nature of the Event

This is a regulatory disclosure intimation submitted by Emmvee Photovoltaic Power Limited (formerly Emmvee Photovoltaic Power Private Limited) to BSE Limited (Scrip Code: 544608) and the National Stock Exchange of India Limited (NSE Scrip Symbol: EMMVEE) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure pertains to decisions made by the company's Board of Directors at a meeting held on Wednesday, August 26, 2026. The meeting commenced at 12:38 PM and concluded at 2:20 PM.

Key Decisions and Quantitative Figures

The Board considered and approved two key items:

1. Appointment of Cost Auditors: The Board appointed M/s. Murthy & Co. LLP as the Cost Auditors of the Company for the financial year 2026-27.

2. Re-appointment of Director: The Board approved the re-appointment of Mr. Suhas Donthi Manjunatha (DIN: 09671635) as a Director. Mr. Manjunatha, who is liable to retire by rotation, has offered himself for re-appointment. This re-appointment is subject to the approval of the members at the ensuing Annual General Meeting for FY 2025-26.

Details as per Regulation 30 Annexure

An annexure provides further details as required by SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

For M/s. Murthy & Co. LLP (Cost Auditors):

  • Reason for Change: Appointment.
  • Date of Appointment: August 26, 2026. The term is for FY 2026-27.
  • Brief Profile: M/s. Murthy & Co. LLP, based in Bengaluru, is a firm of Practising Cost Accountants established in 2012 and registered as a Limited Liability Partnership. The firm has significant experience in cost audit, cost compliance, internal audit, and cost management advisory services across diverse industries and is managed by experienced FCMA-qualified professionals.

For Mr. Suhas Donthi Manjunatha (Director):

  • Reason for Change: Re-appointment.
  • Date/Term of Re-appointment: Subject to approval at the ensuing Annual General Meeting for FY 2025-26. His term is liable to retire by rotation.
  • Brief Profile: He holds a Bachelor of Science degree in business and engineering from Drexel University, Pennsylvania, United States. He has over seven years of experience in the renewable energy sector and is responsible for overseeing comprehensive operations while leading strategic direction through the development of both short-term and long-term goals and initiatives.
  • Family Relationships: Mr. Suhas Donthi Manjunatha is the son of Mr. Venkatarathnaiah Donthi and Mrs. Shubha Manjunatha Donthi.
  • SEBI Status: Mr. Suhas is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority.

Parties Involved and Regulatory References

  • Regulatory Authorities: BSE Limited, National Stock Exchange of India Limited, Securities and Exchange Board of India (SEBI)
  • Appointed Firm: M/s. Murthy & Co. LLP
  • Director: Mr. Suhas Donthi Manjunatha (DIN: 09671635)
  • Regulation: SEBI LODR Regulation 30
  • SEBI Circular: No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Financial and Operational Impact

The disclosure does not quantify any direct financial impact from these appointments. The operational impact involves the formal engagement of a cost auditor for statutory compliance and the potential continuation of a director's tenure.

Additional Information

This intimation is also available on the company's website at https://www.emmveepv.com/investors.