CMR Green Technologies Limited (CMRGREEN)

CMR Green Technologies Limited has secured an enhancement of its working capital credit facility from Federal Bank Limited. The sanctioned limit has increased by ₹17 crore, rising from ₹148 crore to ₹165 crore. The additional facility is aimed at supporting ongoing business operations and meeting day-to-day working capital requirements. Against the company's existing debt of ₹737 crore, this ₹17 crore incremental headroom represents an increase of approximately 2.3%.

• Lending facility enhanced by ₹17 crore from Federal Bank Limited
• Existing sanctioned credit line stood at ₹148,00,00,000 (₹148 crore)
• Enhanced sanctioned credit line now totals ₹165,00,00,000 (₹165 crore)
• Facility earmarked entirely for working capital requirements

CMR Green Technologies announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel, Mr. Yugal Kishor Garg, effective October 23, 2026, due to personal commitments. The company has brought in Mr. Satish Kumar Kaushik, who was appointed as President – Finance on September 28, 2026, to take over as CFO. Mr. Kaushik brings nearly 25 years of corporate finance experience and his formal designation as CFO is slated for approval at the upcoming Board meeting in November 2026. The transition occurs against a stable balance sheet with debt at ₹737 crore and net worth of ₹1,522 crore as of recent financials.

• CFO Yugal Kishor Garg tenders resignation on October 3, 2026, effective October 23, 2026
• Incoming successor Satish Kumar Kaushik appointed as President – Finance effective September 28, 2026
• Board approval for formal CFO designation scheduled for ensuing meeting in November 2026
• Incoming CFO brings nearly 25 years of experience across corporate finance, fundraising, and project financing

CMR Green Technologies Limited concluded its 21st Annual General Meeting held on September 29, 2026, passing all 16 tabled resolutions with requisite majority. Key approvals included the adoption of FY26 financial statements, reappointment of key directors, and special resolutions to increase limits for investments/guarantees (Section 186) and borrowings (Section 180). Notably, institutional investors showed significant dissent on increasing investment limits (59.94% institutional votes against) and the reappointment of the Managing Director (41.41% institutional votes against), although promoter backing ensured overall passage.

• All 16 resolutions passed with requisite majority at the 21st AGM held on September 29, 2026.
• Total shareholder count on record date (September 23, 2026) was 65,753.
• Special resolution on increasing investment/guarantee limits under Section 186 passed with 82.46% total votes in favor, despite 59.94% institutional votes against.
• Borrowing limit increase under Section 180 passed with 91.95% total approval (27.50% institutional dissent).
• Re-appointment of Managing Director Mohan Agarwal passed with 87.88% total votes in favor, facing 41.41% institutional dissent.

CMR Green Technologies Limited has received sanctions from Federal Bank Limited for an enhancement in credit facilities. The total standard credit limits have been revised upward from ₹148.00 crore to ₹165.00 crore, with fund-based limits capped at ₹190.00 crore. Additionally, the bank approved fresh factoring limits of ₹25.00 crore. This borrowing capacity expansion provides incremental liquidity for working capital against existing debt of ₹737 crore.

• Total standard credit facility enhanced from ₹148.00 crore to ₹165.00 crore by Federal Bank Limited
• Working Capital Demand Loan (WCDL) increased from ₹98.00 crore to ₹110.00 crore
• SID facility raised from ₹20.00 crore to ₹50.00 crore, while Hedging limit reduced from ₹30.00 crore to ₹5.00 crore
• Additional factoring limits sanctioned at ₹25.00 crore, with overall fund-based limits capped at ₹190.00 crore

CMR Green Technologies has informed exchanges of its participation in two upcoming investor conferences. The management will attend the JM Financial Environmental & Energy Conclave in Mumbai on September 23, 2026, for 1x1 and group meetings. Additionally, the company will participate virtually in the Arihant Capital Bharat Connect Conference on September 29, 2026. The company stated that no unpublished price sensitive information (UPSI) will be shared during these interactions.

• Physical 1x1 and group meetings at JM Financial Conclave in Mumbai on September 23, 2026
• Virtual group meetings at Arihant Capital Bharat Connect Conference on September 29, 2026
• Company confirmed no unpublished price sensitive information will be shared

CMR Green Technologies Limited has scheduled interactions with institutional investors across two upcoming conferences. Management will participate in a physical 1x1 and group meet at the JM Financial - Environmental & Energy Conclave in Mumbai on September 23, 2026. This will be followed by a virtual group meeting at the Arihant Capital Bharat Connect Conference on September 29, 2026. The company stated that no unpublished price sensitive information (UPSI) will be discussed during these interactions.

• Physical 1x1 and group meetings scheduled at JM Financial Conclave on 23rd September 2026
• Virtual group meeting scheduled at Arihant Capital Bharat Connect Conference on 29th September 2026
• No unpublished price sensitive information (UPSI) to be shared as per SEBI LODR compliance

CMR Green Technologies Limited has provided a bank guarantee in the form of a Stand-by Letter of Credit (SBLC) amounting to $4,000,000 (approx. ₹33-35 Cr). The SBLC is issued through HSBC Bank, USA to support a Foreign Currency Term Loan/uncommitted import line availed by its wholly owned subsidiary, CMR Green LLC, USA. The transaction is conducted at arm's length, and the promoters hold no direct interest. The company reported that this transaction creates a contingent liability with no immediate financial impact.

• Issued Stand-by Letter of Credit (SBLC) guarantee of $40,00,000 ($4.0 million)
• Guarantee issued through HSBC Bank, USA for subsidiary CMR Green LLC, USA
• Underlying facility is a Demand/Uncommitted Import Line of Credit
• Classified as a contingent liability with zero immediate P&L impact

CMR Green Technologies Limited has published newspaper notices regarding the rescheduling of its 21st Annual General Meeting (AGM). The meeting is now scheduled to be held on Tuesday, September 29, 2026, at 11:00 AM IST via video conferencing and other audio-visual means. The advertisements were issued in the Financial Express (all editions) and Jansatta (Delhi edition) on September 17, 2026. This announcement is purely administrative and carries no financial or operational impact.

• 21st Annual General Meeting rescheduled to Tuesday, September 29, 2026
• AGM to be conducted at 11:00 AM (IST) via video conferencing/other audio-visual means
• Advertisements published in Financial Express and Jansatta on September 17, 2026

CMR Green Technologies has rescheduled its 21st Annual General Meeting (AGM) to Tuesday, September 29, 2026, from the earlier date of September 30, 2026, citing administrative circumstances. The remote e-voting window has been adjusted to run from September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM), with a revised voting cut-off date of September 22, 2026. The meeting will address key agenda items, including the re-appointment of Managing Director Mohan Agarwal and Whole-Time Director Akshay Agarwal, and the appointment of Ankur Singh with a proposed remuneration of Rs 2.20 Crore.

• AGM rescheduled by 1 day to September 29, 2026 at 11:00 AM IST via VC/OAVM
• Voting cut-off date revised to September 22, 2026 (earlier September 23, 2026)
• Remote e-voting window shifted to September 26, 2026 to September 28, 2026
• Proposed remuneration of Rs 2.20 Crore for the appointment of Director Ankur Singh
• Proposed ratification of Rs 2,40,000 remuneration for cost auditor M/s Chandra Wadhwa & Co.

CMR Green Technologies has published newspaper advertisements in Financial Express and Jansatta notifying shareholders of its 21st Annual General Meeting scheduled for September 30, 2026, at 11:00 AM IST via VC/OAVM. The electronic copies of the Notice and Annual Report for FY26 were dispatched on September 8, 2026. The remote e-voting cut-off date is set for September 23, 2026. Remote e-voting will run from September 27, 2026, to September 29, 2026, closing at 5:00 PM IST.

• 21st Annual General Meeting scheduled for Wednesday, September 30, 2026, at 11:00 AM IST via VC/OAVM
• Electronic dispatch of FY26 Annual Report and AGM Notice completed on Tuesday, September 8, 2026
• Cut-off date for eligibility to vote remotely or at the AGM is Wednesday, September 23, 2026
• Remote e-voting module will be disabled after 5:00 PM IST on Tuesday, September 29, 2026

CMR Green Technologies Limited has issued the notice for its 21st Annual General Meeting scheduled for September 30, 2026, via Video Conferencing. Key agenda items include adopting the FY2025-26 audited financial statements, ratifying cost auditor remuneration of Rs. 2,40,000, and re-appointing Managing Director Mohan Agarwal and Whole-time Director Akshay Agarwal for 5-year terms effective August 10, 2026. The company is also seeking approval for the appointment of Mr. Ankur Singh as Executive Director with a proposed remuneration of Rs. 2.20 Crore.

• 21st Annual General Meeting scheduled for September 30, 2026, at 11:00 AM IST via VC/OAVM
• Re-appointment of Mohan Agarwal as Managing Director for a 5-year term effective August 10, 2026
• Re-appointment of Akshay Agarwal as Whole-time Director for a 5-year term effective August 10, 2026
• Appointment of Mr. Ankur Singh as Executive Director with proposed remuneration of Rs. 2.20 Crore
• Cost auditor remuneration ratification of Rs. 2,40,000 to M/s Chandra Wadhwa & Co. for FY 2026-27

CMR Green Technologies Limited has scheduled an in-person meeting and plant visit for a group of institutional investors and analysts on Monday, September 14, 2026. The visit will take place at its manufacturing facility in Tatarpur, Haryana, to showcase operations, processes, and manufacturing capabilities. The company confirmed that no unpublished price sensitive information (UPSI) will be shared during the event. This is a routine investor interaction under Regulation 30 of SEBI LODR.

• Plant visit and group meeting scheduled for Monday, September 14, 2026
• Interaction venue located at Tatarpur, Haryana manufacturing facility
• Company confirmed no unpublished price sensitive information (UPSI) will be disclosed
• Event intended to present manufacturing capabilities to analysts and investors

CMR Green Technologies submitted a revised outcome of its Board meeting held on September 7, 2026. The Board approved convening the 21st AGM on September 30, 2026, and recommended increasing borrowing and investment limits under Sections 180 and 186 of the Companies Act, subject to shareholder approval. It also approved director remuneration revisions, clarifying that MD Mohan Agarwal's remuneration revision was not discussed. Current total debt stands at ₹737 crore against a net worth of ₹1,522 crore.

• 21st Annual General Meeting scheduled for September 30, 2026, at 11:00 AM via VC
• Proposed increase in borrowing limits under Section 180(1)(a) and 180(1)(c), subject to AGM approval
• Approved increase in investment, securities, and guarantee limits under Section 186
• Clarified that the revision in remuneration for Managing Director Mohan Agarwal was not discussed

CMR Green Technologies Limited has published newspaper notices in Financial Express and Jansatta intimating shareholders about its 21st Annual General Meeting (AGM). The AGM is scheduled for September 30, 2026, at 11:00 AM IST via video conferencing/other audio-visual means. The notice details remote e-voting procedures and requests shareholders to register their email addresses to receive the Annual Report for FY2025-26. This is a standard statutory compliance filing with no operational or financial impact.

• 21st Annual General Meeting scheduled for September 30, 2026, at 11:00 AM IST via VC/OAVM
• Newspaper advertisements released in English daily Financial Express and Hindi daily Jansatta on September 08, 2026
• Notice published pursuant to Regulation 30 and 47 of SEBI LODR Regulations, 2015
• Annual Report and Notice pertain to the financial year ended March 31, 2026