Key Resolution Details

Item No. 1: Alteration of Objects Clause of Memorandum of Association

  • Proposed as Special Resolution through Postal Ballot by remote e-voting
  • Requires approval of Members under Sections 4, 13, 110 of Companies Act, 2013
  • Board approved the proposal at meeting held on November 05, 2026

Specific Changes to Memorandum of Association

Clause III(A) - Main Objects:

  • Existing sub-clause 1 and sub-clauses 3 to 8 to be retained without alteration
  • Existing sub-clause 2 and sub-clauses 9 to 14 to be deleted entirely
  • Six new sub-clauses to be inserted after existing sub-clause 8, to be renumbered as sub-clauses 8 to 13

New Business Objects to be Added:

1. Solar photovoltaic power projects and renewable power generation projects

2. Engineering, procurement and construction (EPC) of solar power plants and renewable-energy projects

3. Hybrid renewable-energy projects and battery energy storage systems (BESS)

4. Captive and group-captive renewable power plants for industrial/commercial consumers

5. Data-centre campuses powered by renewable-energy generation

6. Allied services in renewable energy, energy storage, and environmental attribute trading

Clause III(B) - Ancillary Objects:

  • Existing sub-clause 1 to be replaced with provision for acquiring shares/securities in companies conducive to main objects
  • Existing sub-clause 14 to be replaced with general ancillary-objects provision aligned with Clause III(A)
  • Remaining sub-clauses to be renumbered sequentially

Voting Process and Timeline

  • Cut-off date for determining voting rights: October 30, 2026
  • Postal Ballot Notice sent electronically: November 06, 2026
  • E-voting period: November 07, 2026 (9:00 AM IST) to December 06, 2026 (5:00 PM IST)
  • Results declaration: December 08, 2026
  • NSDL appointed as e-voting service provider
  • Ms. Kavita Aggarwal, Practising Company Secretary, appointed as Scrutinizer

Rationale and Impact

  • Alignment of constitutional documents with proposed business strategy focusing on renewable energy and sustainable infrastructure sectors
  • Provides greater clarity regarding principal business activities
  • Enables undertaking projects within identified renewable energy and data center sectors
  • Does not constitute approval of any specific project, capital expenditure, or financial commitment
  • Changes effective upon registration by Registrar of Companies under Section 13 of Companies Act, 2013

Document Availability

  • Available on company website: https://riwindgreen.net/
  • Available on NSDL e-voting website: https://www.evoting.nsdl.com
  • Physical copies not being sent - electronic mode only