Suryachakra Power Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/04/2026 ,inter alia, to consider and approve Suryachakra Power ....
Awaiting price reaction for this filing.
The company has rescheduled its Board meeting from April 14, 2026 to April 18, 2026 to consider Q4 FY2026 standalone financial results. The meeting also includes approval of Limited Review Report from auditors. Notably, the company plans to change its name to 'Suryastone Integrated Renewable Corporation Limited' subject to shareholder and regulatory approvals. Additionally, the board will review a capital restructuring plan involving 5% share issue to approximately 42,000 public shareholders and consider acquiring tea estate land (~580.7 hectares in Assam) for setting up CBG and CNG projects. A proposal for company acquisitions and convening an EGM are also on the agenda.
The company appears to be undergoing significant transformation including a name change, capital restructuring, and diversification into renewable energy (CBG/CNG) and tea estates. The 5% share issue to public shareholders may facilitate relisting, but trading remains suspended. These are material developments requiring shareholder attention.