1. Incorporation of a subsidiary company in India as private limited company. 2. The acceptance of resignation of CS Rahul Jethwa (Membership No.: 75572) as Company Secretary and Compliance ....
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CLN Energy's board approved the incorporation of a new wholly-owned subsidiary in India as a private limited company. The board also accepted the resignation of Company Secretary and Compliance Officer CS Rahul Jethwa, effective September 8, 2025, citing unavoidable personal circumstances. In his place, CS Bhavika Mundra, an associate member of ICSI with over 1 year of experience in corporate governance and compliance, has been appointed as the new Company Secretary and Compliance Officer from the same date.
The change in Company Secretary is a routine KMP-level transition with immediate replacement, so it is unlikely to materially affect operations. The new subsidiary formation signals a step in business expansion, though details of the subsidiary's activities and capital are not disclosed in this filing.