Financial Performance (FY 2025-26 vs FY 2024-25)

  • Revenue from Operations: ₹3,632.04 Lakhs (prev. ₹1,904.58 Lakhs) - 91% increase
  • Other Income: ₹19.63 Lakhs (prev. ₹18.04 Lakhs)
  • Total Revenue: ₹3,651.67 Lakhs (prev. ₹1,922.62 Lakhs)
  • Total Expenses: ₹3,401.26 Lakhs (prev. ₹1,797.21 Lakhs)
  • Profit Before Tax: ₹250.41 Lakhs (prev. ₹125.41 Lakhs)
  • Current Tax: ₹69.00 Lakhs (prev. ₹23.69 Lakhs)
  • Profit After Tax: ₹181.41 Lakhs (prev. ₹101.72 Lakhs) - 78% increase
  • Earnings Per Share (Basic & Diluted): ₹1.24 (prev. ₹0.70)

Board of Directors as on 31.03.2026

1. Murli Shivshankaran Nair - Chairman and Whole-time director

2. Rushiraj Zaverbhai Patel - Non-Executive Independent Director

3. Nileshbhai Vinubhai Rangholiya - Non-Executive Independent Director

4. Deepak Diwan Bachwani - Non-Executive Independent Director

5. Ila Sunil Trivedi - Additional Non-Executive Independent Director

Key Managerial Personnel

  • Murli Nair - Chief Financial Officer
  • Manmeetkaur Harshdeepsingh Bhatia - Company Secretary
  • Hardikkumar Anilbhai Radadiya - Chief Financial Officer (w.e.f 10.08.2026)

35th Annual General Meeting Details

  • Date: Tuesday, 29th September, 2026
  • Time: 04:30 p.m.
  • Mode: Video Conferencing/Other Audio-Visual Means

AGM Agenda Items

Ordinary Business

1. Adoption of Annual Audited Standalone Financial Statements for FY ended 31-March-2026

2. Re-appointment of Mr. Murli Shivshankaran Nair (DIN: 02243039) who retires by rotation

3. Appointment of M/s. S N D K & Associates LLP (FRN: W100060) as Statutory Auditors for 5 years

Special Business

4. Regularization of Ms. Ila Sunil Trivedi (DIN: 10297697) as Independent Director for term 05-Feb-2026 to 04-Feb-2031

5. Regularization of Mr. Murli Shivshankaran Nair (DIN: 02243039) as Managing Director for term 06-Jul-2026 to 05-Jul-2031

Material Changes Post Financial Year (between 31-Mar-2026 and Report Date)

  • Mr. Deepak Diwan Bachwani (Whole-time Director, CFO and Chairman) passed away on 23rd June 2026
  • Sub-division of equity shares from ₹10/- to ₹1/- face value with Record Date fixed as 8th July 2026
  • Mr. Murli Shivshankaran Nair appointed as Additional Director designated as Managing Director
  • Mr. Radadiya HardikKumar Anilbhai appointed as CFO w.e.f 10 August 2026
  • Company name changed from "Gujarat Inject Kerala Limited" to "Regenova Renewtech Limited" approved at EGM on 19th August 2026
  • Received significant purchase orders for solar photovoltaic modules
  • Entered into strategic business arrangements in renewable energy business

Capital Structure

  • Authorized Share Capital: ₹15,00,00,000 (1,50,00,000 equity shares of ₹10 each)
  • Issued Share Capital: ₹14,64,90,000 (1,46,49,000 equity shares of ₹10 each)
  • Subscribed and Fully Paid-up: ₹14,62,06,000 (1,46,20,600 equity shares of ₹10 each)
  • Subscribed and Partly Paid-up: ₹1,42,000 (28,200 equity shares of ₹10 each, ₹5 paid per share)

Dividend and Reserves

  • No dividend recommended for FY 2025-26
  • No transfer of profits to reserves during the period

Capital Work in Progress

  • Solar Power Generation Project: ₹2,076.45 Lakhs (carried at value per agreement dated 27th June 2025 with Soleos Energy Limited)
  • Costs to be transferred to PPE upon compliance with agreement terms and when revenue generation rights accrue to company

Regulatory Compliance Issues Noted in Secretarial Audit Report

1. Non-implementation of System Driven Disclosures (SDD) mechanism under SEBI (PIT) Regulations

2. Non-publication of financial results in newspapers within stipulated timelines under Regulation 47 of SEBI LODR

3. Statutory Auditor M/s. S. Mandawat & Co. did not hold valid Peer Review Certificate as on audit date

4. Delay in obtaining shareholders' approval for appointment of Ms. Ila Sunil Trivedi as Independent Director beyond 04-May-2026 deadline

Voting Arrangements for AGM

  • Remote e-Voting Period: 25-Sep-2026 (9:00 AM) to 28-Sep-2026 (5:00 PM)
  • Cut-off Date for Voting Rights: 22-Sep-2026
  • Scrutinizer: Mr. Utkarsh Shah of M/s. Utkarsh Shah & Co., Practicing Company Secretary
  • e-Voting Agency: Central Depository Services (India) Limited

Other Significant Disclosures

  • Company diversified into renewable energy sector during the year with alteration of Memorandum of Association objects
  • Registered office shifted from Kerala to Gujarat effective 15th April 2024
  • Books of account location changed from Vadodara to Ahmedabad effective 30th October 2025
  • No fraud reported by auditors during the year
  • No related party transactions under Section 188 of Companies Act, 2013
  • Company has no subsidiaries, associates or joint ventures