Clean Max Enviro Energy Solutions Limited has submitted to the stock exchange the Outcome of Postal Ballot and Disclosure of Voting Results as per the SEBI (Listing Obligation and Disclosure ....

Clean Max Enviro Energy Solutions Limited conducted a postal ballot with 48 resolutions that were all passed with requisite majority. Key resolutions included amendments to the Memorandum and Articles of Association, appointment and remuneration of Mr. Dinesh Khara as Non-Executive Independent Director (approved with 99.9998% in favour), and ratification of the Amended and Restated Employee Stock Option Scheme 2015 (approved with 94.7120% in favour). The company also approved 37 material related party transactions with its subsidiaries and fellow subsidiaries. For all related party transactions, the promoter group abstained from voting as they were interested parties. Voting participation was strong at around 80.9% for most resolutions, with institutional investors showing some opposition to the ESOP and AOA amendments (around 24-25% against).