Emeren Group Ltd, a leading global solar project developer, owner, and operator, announced the results of its extraordinary general meeting.
Shareholders approved the Agreement and Plan of Merger and non-binding advisory compensation related to the Merger.
The Company continues as the surviving company post-Merger with Shurya Vitra Ltd.
Merger Agreement Approved
Shareholders approved the Agreement and Plan of Merger dated June 18, 2025, as amended by an agreement dated September 2, 2025.
Executive Compensation
Approval on a non-binding basis for potential compensation to named executive officers related to the Merger.
- The approval of the Merger Agreement signifies a significant step towards potential business consolidation and growth for Emeren Group Ltd.
- The non-binding advisory approval on executive compensation shows shareholder confidence in the Company's strategic decisions.
The positive outcomes of the EGM demonstrate strong shareholder support for Emeren Group's strategic direction and growth initiatives.