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ZR2 Bioenergy Ltd's board, at its meeting on April 7, 2025, approved the appointment of Mr. K.C. Prasannan Raja (DIN: 11030281) as a Director of ZR2 Solar Private Limited, a subsidiary of the company. Mr. Prasannan Raja is described as a finance professional with over 23 years of experience in the hospitality sector. He is not related to any existing directors, KMPs, or promoters of the parent company, holds no shares in ZR2 Bioenergy, and is not debarred by SEBI from holding a director position. The board meeting ran from 4:00 PM to 5:45 PM. The filing was signed by Mahendra Surajbhan Agarwal, Chief Financial Officer.
This is a routine subsidiary-level governance update with no material impact on the parent company's shareholders. The appointment brings an experienced finance and hospitality professional into the solar subsidiary, but does not change the parent company's board or capital structure.