SRM Energy addressed a minor 38-minute delay in reporting its recent Board Meeting outcome.

The board considered and put forward for shareholder approval the significant sale of its investment in a wholly-owned subsidiary to the Holding/Promoter Company.

This proposed transaction, which requires a shareholder postal ballot for finalization, will alter the company's asset structure.

SRM Energy emphasized the delay was an unintentional lapse, occurring while the trading window was closed, ensuring no undue advantage.

This update assures investors of the company's commitment to compliance despite the brief administrative oversight.