Swelect Energy Systems Limited has announced the convening of its 31st Annual General Meeting (AGM) scheduled for Friday, July 31, 2026, at 03:30 PM IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM). An addendum to the notice of the AGM includes several special business items for shareholder approval. These include material related party transactions. Specifically, the company seeks approval for transactions with its subsidiary, USolar Assetco Four Private Limited, amounting to ₹22,990 lakhs. Additionally, it proposes transactions with Gridnex Solar Power Private Limited, amounting to ₹38,736 lakhs, and further transactions between Swelect Energy Systems Limited and Gridnex Solar Power Private Limited, amounting to ₹39,012 lakhs. These transactions have been approved by the Audit Committee and the Board of Directors, who now recommend them to the shareholders for their approval.
