16th Annual Report of Gita Renewable Energy Limited for the FY 2025-26

GITA RENEWABLE ENERGY LIMITED Registered Office : Survey No. 180 & 181, OPG Nagar, Periya Obulapuram Village, Near Nagaraja Kandigai, Madharpakkam Road, Gummidipoondi - 601 201, Thiruvallur District, Tamil Nadu. Telefax : 044 27991450 E-mail : investor@gitarenewable.com CIN : L40108TN2010PLC074394 Website : www.gitarenewable.com 01.09.2026 The Manager - Listing, BSE Limited, 15t Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort Mumbai - 400001 Ref: Scrip Code 539013 Scrip ID: GITARENEW Dear Sir/Madam, Sub: Disclosure under Regulations 30 & 34 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 and other applicable regulations - Intimation of Notice of 16" Annual General Meeting, Annual Report 2025-26 and Book Closure. This is to inform you that the 16" Annual General Meeting of the Company will be held on Friday, 25t September, 2026 through Video Conferencing (VC) / Other Audio - Visual Means (OAVM), at 04:00 PM to transact the businesses as set out in the Notice, pursuant to the relevant circulars issued in this regard by the Ministry of Corporate Affairs and under SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) as per the details given below: 1. Day/Date/ Time Friday, 25" September, 2026 at 04:00 .M. 2. Mode Through Video Conferencing (VC) / Other Audio-Visual means (OAVM) 3. Book Closure Saturday, 19th September, 2026 to Friday, 25t September, 2026 (both days inclusive) 4. Cut-off Friday, 18" September, 2026 5. Remote e-voting Tuesday, 227 September, 2026 at 09.00 AM. and ends on Thursday, 24t September, 2026 at 05:00 P.M. Pursuant to Regulations 30 and 34 of the Listing Regulations, please find enclosed herewith Annual Report for the financial year 2025-26 and the Notice convening 16t AGM of the Company. The aforesaid documents are available on the corporate website of the Company at www.gitarenewable.com and are being dispatched electronically to shareholders, whose email addresses are registered with the Company and Depositories. Further, pursuant to Regulation 36(1)(b), the Company has initiated sending physical letters providing the weblink to access the Annual Report to the shareholders whose e-mail ids are not registered with the Company/Depositories/RTA. This is for your information and record. Yours faithfully, For Gita Renewable Energy Limited Santhana Magesh Company Secretary and Compliance Officer Encl: as above ANNUAL REPORT 2025-26 16TH ANNUAL REPORT 2025 – 2026 GITA RENEWABLE ENERGY LIMITED CIN: L40108TN2010PLC074394 Registered Office: Sy. No. 180 & 181, OPG Nagar, Periya Obulapuram Village, Nagaraja Kandigai, Madharapakkam Road, Gummidipoondi – 601201, Tamil Nadu. www.gitarenewable.com ANNUAL REPORT 2025-26 TABLE OF CONTENTS COMPANY INFORMATION 3 NOTICE 4 - 24 DIRECTOR'S REPORT 25 - 51 INDEPENDENT AUDITOR’S REPORT 52 - 63 STATEMENT OF ASSETS AND LIABILITIES 64 - 65 STATEMENT OF PROFIT AND LOSS 66 – 67 CASH FLOW STATEMENT 68 - 69 NOTES TO THE FINANCIAL STATEMENTS 70 - 87 ANNUAL REPORT 2025-26 COMPANY INFORMATION BOARD OF DIRECTORS Mr. Ramamoorthy Natarajan Chairman & Managing Director Mrs. Saraswathi Director Mr. Seshadri Sekar Independent Director Mr. Sankaran Sivasailapathi Independent Director Mr. Kumar Vaidyanathan Chief Financial Officer Manas Ranjan Sahoo (till 12.12.2025) Company Secretary Mr. Santhana Magesh (w.e.f 10.02.2026) Company Secretary REGISTERED OFFICE STATUTORY AUDITORS Survey No 180 &181, OPG Nagar M/s Aayush Bohra A & Co Periya Obulapuram Village, Chartered Accountants Nagaraja Kandigai, Madharapakkam Road, No 30/113, M.K.B Nagar, Gummidipoondi, Thiruvallur, 5th Cross Street, Vysarapadi Tamil Nadu – 601 201. Chennai - 600 039 Contact:- investor@gitarenewable.com INTERNAL AUDITOR: BANKERS N.N. Kumar & Associates State Bank of India Chartered Accountant HDFC Bank Chandan Complex, No 376 Mint Street, 2nd Floor, Sowcarpet, Chennai – 600 001. REGISTRAR & SHARE TRANSFER AGENTS SECRETARIAL AUDITORS M/s. Cameo Corporate Services Limited M/s M K Madhavan & Associates “Subramanian Building”1, Company Secretaries Club House Road Chennai – 600002 (TN) No. 2C, 2nd Floor, A Block, Phone: 91 44 28460390 Prince Arcade, Email : investor@cameoindia.com/ 22, Cathedral Road, agm@cameoindia.com Chennai, 600086 Tamil Nadu STOCK EXCHANGE BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400001 Phones : 91-22-22721233/4, 91-22-66545695 Email: corp.comm@bseindia.com Website:- www.gitarenewable.com ANNUAL REPORT 2025-26 NOTICE OF 16TH ANNUAL GENERAL MEETING NOTICE is hereby given that 16th Annual General Meeting of the Members of GITA RENEWABLE ENERGY LIMITED (herein after referred to as “the Company”) for the Financial Year 2025-26 will be held on Friday, the 25th day of September, 2026 at 04:00 PM through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) to transact the following businesses. The venue of the meeting shall be deemed to be the Registered Office of the Company. ORDINARY BUSINESS Item No. 1 ‐ ADOPTION OF AUDITED FINANCIAL STATEMENTS FOR THE FY 2025-26. To receive, consider and adopt the Audited Standalone Balance Sheet of the Company made as at 31st March, 2026, the Standalone Statement of Profit and Loss and Standalone Cash Flow Statement for the year ended along with the summary of significant accounting policies, together with the Report of the Auditors and Directors to the Members thereon. Item No. 2 ‐ RETIREMENT BY ROTATION OF Mr. RAMAMOORTHY NATARAJAN AND CONSIDERATION OF HIS RE-APPOINTMENT. To appoint a Director in place of Mr. Ramamoorthy Natarajan (DIN: 00595027), who retires by rotation and is eligible, offers himself for re-appointment. SPECIAL BUSINESS Item No. 3: APPOINTMENT OF Mr. EMMANUEL (DIN: 10894681) AS INDEPENDENT DIRECTOR. To appoint Mr. Emmanuel (DIN: 10894681) as an Independent Director of the Company for a term of five consecutive years by passing the following as a Special Resolution: “RESOLVED THAT Mr. Emmanuel (DIN: 10894681) who was appointed as an Additional Director by the Board under Section 161 of the Companies Act, 2013 and as per the Articles of Association of the Company and who holds office only up to the Date of this Annual General Meeting and in respect of whom the Company has received Notice in Writing, under Section 160 of the Companies Act, 2013 from a member signifying his intention to propose him as a candidate for the office of an Independent Director of the Company, be and is hereby appointed as an Independent Director of the Company for a term of 5 consecutive years with effect from 12th August, 2026 till 11th August, 2031” “RESOLVED FURTHER THAT Board of Directors of the Company and/or Company Secretary, be and are hereby authorized to file the necessary documents/form(s) with Registrar of Companies and do to all such acts, deeds, matter and things as may be deemed necessary, desirable, proper or expedient for the purpose of giving effect to this resolution and for matters connected therewith or incidental thereto.” “RESOLVED FURTHER THAT any one of the director and/or Company Secretary and Compliance officer be and are hereby severally authorised to sign the certified true copy of the resolution to be given as and when required” ANNUAL REPORT 2025-26 Item No. 4: RE-APPOINTMENT OF Mr. SANKARAN SIVASAILAPATHI (DIN: 09409356) AS INDEPENDENT DIRECTOR OF THE COMPANY. To re-appoint Mr. Sankaran Sivasailapathi (DIN: 09409356) as an Independent Director of the Company for a second term of five consecutive years by passing the following as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Section 149 and 152 read with Schedule IV and any other applicable provisions, if any, of the Companies Act, 2013 (‘the Act’) and rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force) Mr. Sankaran Sivasailapathi (DIN: 09409356), Independent Director of the Company who has submitted a declaration that he [Showing first 8,000 characters — download PDF for full document]