Voting Results of the meeting of Equity Shareholders of the Company held on 7th November, 2025 pursuant to the order passed by Hon''ble National Company Law Tribunal, Indore Bench dated ....
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EKI Energy Services held a Court Convened Meeting of Equity Shareholders on November 7, 2025, as directed by the NCLT Indore Bench. Shareholders voted on a Scheme of Arrangement to demerge the company's Generation Business into EKI One Community Projects Limited, a 100% wholly owned subsidiary. Out of 61,764 shareholders holding 2.76 crore equity shares, only 33 members attended via video conferencing and votes were cast on 24.58 lakh shares. The resolution was approved overwhelmingly with 99.99% of votes in favour (24,57,531 shares) and just 297 shares against, well above the requisite majority. The scrutinizer, CS Shilpesh Dalal, confirmed the resolution was duly passed as a Special Resolution, with the chairman validating the result on November 12, 2025.
This is a procedural but important step in the company's demerger process, with overwhelming shareholder support (99.99%) effectively clearing the way for NCLT's final approval. Retail investors should watch for the next filing disclosing the share swap ratio and the effective date, as these will determine how the demerged entity's shares are allocated to existing shareholders.