Promax Power Ltd (PROMAX) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Promax Power Ltd on NSE and BSE, with an AI summary of each filing.
Announcement under Regulation 30 are attached herewith.
Change in Auditor · 01 Oct 2026, 11:01 pm
Promax Power Appoints Secretarial Auditor for Five-Year Term Promax Power Limited announced that shareholders approved the appointment of M/s. Prachi Lad & Associates as the company's Secretarial Auditor at the 9th Annual General Meeting held on 30th Sep'26. The appointment spans a five-year tenure covering FY26 to FY30 (FY 2025-26 to FY 2029-30), following prior recommendation by the Audit Committee and Board approval on 7th Sep'26. The engagement adheres to Section 204 of the Companies Act, 2013, and Regulation 24A of SEBI LODR Regulations.
Announcement under Regulation 30 (LODR) are attached herewith.
Change in Auditor · 01 Oct 2026, 10:55 pm
Promax Power Appoints Manish Jain & Associates as Statutory Auditor for Five Years Shareholders of Promax Power Limited approved the appointment of M/s Manish Jain & Associates, Chartered Accountants, as the company's Statutory Auditor during the Annual General Meeting held on 30th Sep'26. The appointment spans a tenure of five consecutive financial years, covering FY27 through FY31 (FY 2026-27 to FY 2030-31), following the prior recommendation by the Board of Directors on 7th Sep'26. Manish Jain & Associates is an ICAI-registered partnership firm holding approximately 25 years of diverse professional experience across statutory, tax, and management audits.
Scrutinizer Report and Voting Result pursuant to the Regulation 44 of the SEBI (LODR) Regulation , 2015 are attached herewith.
Annual General Meeting · 01 Oct 2026, 10:52 pm
Promax Power Shareholders Approve All Resolutions at 9th Annual General Meeting Promax Power Limited announced the voting results for its 9th Annual General Meeting held on 30th Sep'26, where shareholders approved all six resolutions with 100% voting support representing 1.68 crore votes (67.20% turnout). Key approvals include the adoption of FY26 standalone financial statements, the reappointment of Ms. Shweta Bhardwaj as Director, the re-appointment of Mr. Sanjay Kumar as Independent Director, and the reappointment of Mr. Vishal Bhardwaj as Managing Director for five years. Shareholders also approved appointing M/s Manish Jain & Associates as statutory auditors and M/s Prachi Lad & Associates as secretarial auditors.
Proceeding of Annual General Meeting are attached herewith
Annual General Meeting · 01 Oct 2026, 12:28 am
9th Annual General Meeting of the Company
Annual General Meeting · 08 Sept 2026, 12:06 am
Notice of 9th AGM along with Annual report of 2025-26
Annual General Meeting · 07 Sept 2026, 11:58 pm
we are enclosing herewith Annual Report for FY 2025-26 along with Notice of 42nd Annual General Meeting of the members of the Company.
Others (Uncategorized) · 07 Sept 2026, 11:47 pm
Outcome of board Meeting
Others (Uncategorized) · 07 Sept 2026, 11:40 pm
Promax Power Board Approves Re-Appointments and 9th AGM Schedule Promax Power’s board approved convening its 9th AGM on 30th Sep'26, with remote e-voting scheduled from 27th Sep'26 to 29th Sep'26 and a cut-off date of 23rd Sep'26. The board approved the re-appointment of Managing Director Vishal Bhardwaj (holding a 32.62% stake) and Non-Executive Independent Director Sanjay Kumar, each for a five-year term, subject to shareholder approval. Additionally, M/s Prachi Lad & Associates was appointed as Secretarial Auditor for five consecutive financial years, and the FY26 Annual Report was approved.
Results- Audited Standalone Financial Results for the half year and year ended on 31st March, 2026 along with Auditors'' report thereon.
Financial Result · 30 May 2026, 9:37 pm
Promax Power Reports 63% YoY Decline in FY26 Net Profit Promax Power reported a net profit of ₹85.67 lakh for FY26, a 63.4% YoY decline from ₹234.26 lakh in FY25. Total revenue for the year rose 6.6% YoY to ₹7,122.35 lakh. For the six months ended 31st Mar'26, the company posted a net loss of ₹94.36 lakh, compared to a profit of ₹107.14 lakh YoY. This was driven by revenue falling 7.1% YoY to ₹3,462.48 lakh. The auditor issued an unmodified opinion on the annual financial results. Basic EPS for FY26 stood at ₹0.34 versus ₹0.94 in FY25.
The Board of Directors in their meeting held today have approved the Audited Standalone Financial Results for the half year and year ended on 31st March, 2026. Pursuant to Regulation 33 ....
Outcome · 30 May 2026, 9:29 pm
Promax Power Ltd - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Lakhs) ■ Revenue: 3,440 (-7.2% YoY | -5.3% QoQ) ■ EBITDA: 53.2 (-77.0% YoY | -79.7% QoQ) ■ EBITDA Margin (%): 1.5 (-470 bps YoY | -566 bps QoQ) ■ PAT: -94.4 (Profit to Loss YoY | Profit to Loss QoQ) ■ EPS (INR): 0.34 (-20.9% YoY | -37.0% QoQ)
Promax Power Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve Standalone Audited Financial Results ....
Intimation · 30 May 2026, 5:30 am
Promax Power Board Meeting on 30th May'26 for FY26 Financial Results Promax Power (BSE: 543375) has scheduled a Board of Directors meeting on Sat, 30th May'26. The agenda includes the consideration and approval of the audited standalone financial results for the financial year ending 31st Mar'26. The trading window for designated persons remains closed until 48 hours after the results are declared, as per the intimation on 27th Mar'26.
Announcement under regulation 30 regarding to appointment of Statutory Auditor
Change in Auditor · 11 May 2026, 9:53 pm
Promax Power Appoints Manish Jain & Associates as New Statutory Auditor Promax Power Limited (BSE: 543375) has appointed M/s. Manish Jain & Associates as its Statutory Auditors to fill a casual vacancy. The appointment was approved by shareholders via a Postal Ballot Resolution on 09 May'26. The new auditors will hold office from 09 May'26 until the conclusion of the company's Annual General Meeting for the year 2026. The appointment was made on the recommendation of the Audit Committee.
Non Applicability of Annual Secretarial Compliance Report under Regulation 24 A of SEBI (LODR) Regulations, 2015 for the financial year ended on March 31, 2026
Annual Report · 20 Apr 2026, 9:49 pm
All Material Information, that have bearing on operation, Performance of the Company which includes all price sensitive information under regulation 30 of SEBI (LODR) Reg, 2015 have always ....
Others (Uncategorized) · 02 Apr 2026, 6:01 pm
Promax Power Attributes Share Price Movement to Market Conditions In response to a BSE clarification sought on 1st Apr'26, Promax Power Limited stated on 2nd Apr'26 that recent share price movement is purely due to market conditions. The company confirmed it has disclosed all material, price-sensitive information as required under SEBI regulations and has no pending announcements that could affect the scrip's price behavior. Management asserted they are in no way connected with the price volatility, which they describe as absolutely market-driven.
The Exchange has sought clarification from Promax Power Ltd on April 1, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant information ....
Others (Uncategorized) · 02 Apr 2026, 1:23 am
Promax Power Limited has acquired 63.76% stake in Promax Solar One Hubli Private Limited. The said acquisition has been undertaken for the purpose of development, ownership and operation ....
Others (Uncategorized) · 04 Feb 2026, 12:48 am
Promax Power Acquires 63.76% Stake in Solar Project SPV Promax Power Limited acquired a 63.76% equity stake in Promax Solar One Hubli Pvt Ltd on 02 Feb'26. The target is a newly incorporated SPV with nil turnover, established for the development and operation of a 6.0 MW AC solar power project in Hipparagi, Karnataka. The project was awarded under the RESCO model by Hubli Electricity Supply Company Ltd (HESCOM). This related-party transaction was conducted at arm's length to strengthen Promax Power's sustainable practices and enhance shareholder value.
Pursuant to regulation 30 of SEBI ( Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that Promax Power Limited has received a letter of award from ....
Others (Uncategorized) · 08 Jan 2026, 6:37 pm
Promax Power Wins ₹70-75 Crore Solar Project from HESCOM Promax Power Limited secured a Letter of Award on 07 Jan'26 from Hubli Electricity Supply Company Limited (HESCOM) for a 6.0 MW grid-connected solar power project. The contract, under a Build, Own, and Operate (BOO) model, spans 25 years and is valued at an estimated ₹70-75 crore over the contract period, based on a tariff of ₹2.97 per unit. This order marks the company's entry into power generation, strengthening its renewable energy portfolio and focus on recurring revenue streams.
Intimation for appointment of Statutory Auditors of the company
Change in Auditor · 26 Dec 2025, 2:20 am
Promax Power Appoints New Statutory Auditor Following Resignation Promax Power Limited (BSE: 543375) announced its Board approved the appointment of Manish Jain & Associates (FRN: 015608N) as the new Statutory Auditor on 25 Dec'25. The appointment fills a casual vacancy created by the resignation of the previous auditor, M/s Raj Gupta & Co. (FRN: 000203N). The appointment is subject to shareholder approval within three months and will be effective until the conclusion of the next Annual General Meeting. The company confirmed no relationship exists between the new auditor and its directors.
Announcement under Regulation 30 (LODR) - Resignation of Statutory Auditor
Change in Auditor · 06 Dec 2025, 2:58 am
Promax Power Limited Announces Resignation of Statutory Auditor M/s Raj Gupta & Co. Promax Power Limited has informed the BSE that its Statutory Auditor, M/s Raj Gupta & Co., Chartered Accountants, has resigned effective 05 Dec'25. The resignation follows the submission of the Limited Review Report for the half-year ended 30 Sep'25. M/s Raj Gupta & Co. cited pre-occupation with other assignments as the reason for their departure, confirming no other material reasons. The Audit Committee and Board of Directors will recommend a new auditor for shareholder approval at an upcoming meeting.
Unaudited financial results for the half year ended on September 30th, 2025 and Limited review report thereon.
Financial Result · 14 Nov 2025, 10:56 pm
The Board of Directors in their meeting held today, have taken on record the Unaudited Financial Results for the quarter ended on 30th September, 2025 and others matters.
Outcome · 14 Nov 2025, 10:38 pm
Promax Power Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2025 ,inter alia, to consider and approve Unaudited Financial Results of ....
Intimation · 14 Nov 2025, 5:30 am
intimation regarding appointment of secretarial auditor of the company
Change in Management · 02 Oct 2025, 1:32 am
Declaration of results of Resolutions passed at 8th Annual General Meeting Along with Scrutineer''s report
Annual General Meeting · 02 Oct 2025, 1:29 am
Declaration of Resolutions passed at 8th Annual General Meeting of the Company and submission of Scrutineer''s Report
Annual General Meeting · 02 Oct 2025, 1:22 am