Adani Power Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the Company has submitted the Exchange a copy of Scrutinizers report.
ADANIPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Adani Power Limited has announced the results of its postal ballot, conducted via remote e-voting through CDSL from November 29 to December 28, 2025. Two resolutions were put to shareholders: (1) approval of material modifications to material related party transactions, and (2) appointment of Mr. Narendra Nath Misra as an Independent Director for three years effective December 4, 2025. Promoters, being interested in the RPT resolution, abstained from voting on Resolution 1; of the valid votes cast, 99.99% were in favor. For Resolution 2 (Independent Director appointment), 92.95% of outstanding shares were polled, with 99.96% voting in favor. Both resolutions were passed with overwhelming majority. The scrutinizer was Mr. Chirag Shah, Practicing Company Secretary.
Both resolutions passed easily with near-unanimous support, indicating strong shareholder confidence in management proposals. The new Independent Director adds to board oversight, while the approved RPT modifications enable previously sanctioned related party deals to proceed. Minimal stock-price impact expected as outcomes were broadly anticipated.