Times Green Energy's upcoming AGM on September 14, 2026, will seek shareholder approval to raise Rs 30 crore via secured Non-Convertible Debentures. The meeting will also vote on a broader Rs 100 crore capital raising plan and diversification into agri-trading and renewable energy.
Times Green Energy's AGM to Decide on Rs 30 Cr Debt, Rs 100 Cr Capital Raise, and Diversification
Times Green Energy (India) Ltd's 16th Annual General Meeting (AGM) on September 14, 2026, is set to be a pivotal event for shareholders.
Reader Takeaway: Debt and capital raise approvals alongside strategic diversification into agriculture and renewables are key agenda points.
What just happened
The company has called its 16th AGM for September 14, 2026, in Hyderabad. The agenda includes crucial proposals for fundraising and business expansion. A significant proposal is to raise up to Rs 30 crore by issuing 600 secured, unlisted, redeemable Series A Non-Convertible Debentures (NCDs) with an 18% annual coupon, redeemable within 48 months. Additionally, the board seeks approval to raise a further Rs 100 crore through various capital market instruments. The company also plans to diversify its business into agricultural trading and renewable energy projects.