CFO resigns, new auditor named, up to Rs 2000 Cr subsidiary EPC deals cleared
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GRE Renew Enertech Board on Sept 2, 2026 noted CFO Alpeshkumar Agarwal's resignation effective Sept 5 to pursue other opportunities. Manubhai and Shah LLP appointed as new Statutory Auditor to fill casual vacancy from previous auditor's exit, subject to AGM approval. Ashwin K Yagnik and Co named Internal Auditor for FY27. Three related party EPC deals cleared with wholly-owned subsidiaries: GRE Green Energy up to Rs 1,000 Cr, Solarcatch Energy up to Rs 500 Cr, and Solarsource Energy up to Rs 500 Cr. Mukeshkumar Trivedi re-appointed as Whole-time Director.
CFO exit and back-to-back auditor change may draw governance scrutiny, but Rs 2,000 Cr pipeline with subsidiaries signals strong order book momentum in renewables.