Announced Mon, 6 Jul · 18:47 IST
Board approves addendum to 31st AGM notice for related party deals
Board & Shareholder Meetings View source PDF
SWELECTES · price
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Price reaction · full curve 14 horizons · vs prior close
-5.4%1-day move
₹644.75
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-5.4-1.2+0.5+0.3-2.2-2.6-6.9———
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AI summary
On 6 July 2026, the Board approved an addendum to the notice of the 31st AGM to be held on 31 July 2026. The addendum seeks shareholder approval for three material related party transactions: one involving subsidiary USolar Assetco Four Private Limited, another between SWELECT SolarKraft Private Limited and Gridnex Solar Power Private Limited, and a third between the Company and Gridnex Solar Power Private Limited.
Likely market impact
Shareholders will vote on three material related party deals at the AGM on 31 July 2026. Approval is needed for these transactions to proceed.