SRM Energy Ltd. (formerly known as Hitkari Fibres Ltd.), a BSE listed company and a part of the Spice Energy Group, has embarked on implementing a total of 4,000 MW of power generating capacity in India.

To facilitate faster fund raising and resource mobilization, the Group has taken over Hitkari Fibres Limited, a company listed on Mumbai Stock Exchange and merged the Special Purpose Vehicle formed for implementing power projects - SRM Energy Private Ltd. with Hitkari Fibres Ltd., and the merged entity has been named as 'SRM Energy Ltd.'

Mr. Kailash Chandra Gupta has resigned from the office of Chief Financial Officer (CFO) of the Company w.e.f. 05th October, 2016.

Ms. Sanjeevlata Samdani has resigned from the office of Company Secretary on 1st December, 2015, has been relieved from her services w.e.f 31st December, 2015.

In the Meeting of the Board of Directors held on 12th February, 2016 the Company has identified and appointed Ms. Kanika Arora (ACS 36671) as the Company Secretary & Compliance Officer of the Company to take the position of Ms. Sanjeevlata Samdani, the previous Company Secretary who was relieved from her services w.e.f 31st December, 2015. Ms. Kanika Arora is also identified as Key Managerial Personnel of the Company U/s 203 of the Companies Act, 2013.

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