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Founded in 2011, Trom Industries Limited is a solar EPC company specializing in residential solar rooftop systems, industrial solar power plants, ground-mounted solar power plants, and solar street lights.
Trom Industries will temporarily close its share transfer books to determine eligible shareholders for its upcoming Annual General Meeting (AGM) notices and e-voting. This process sets the record for AGM participation.
Trom Industries announced significant board changes, with a new independent director appointed while two resigned, leading to committee reconstitution. Two material related party transactions received board approval, now awaiting shareholder vote at the upcoming 7th Annual General Meeting.
Trom Industries Limited announced corporate governance provisions are not applicable to the company. This is due to its listing on the SME Exchange, which reduces compliance requirements.
Trom Industries secured three orders for 42 MW rooftop solar projects from South Bihar Power Distribution Company under PM Surya Ghar Yojana. These PPA-based projects are expected to generate recurring revenue, boosting long-term cash flow stability and strengthening its business model.
Trom Industries is exempt from specific corporate governance provisions. The company qualifies for this lighter regulatory framework due to its listing on the SME Exchange. This reduces compliance overhead.