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Galada Power & Telecommunication held an Extraordinary General Meeting on 27 March 2026. Two resolutions were put to vote: (1) Increase in Authorised Share Capital and consequent alteration of the Memorandum of Association, and (2) Alteration of Articles of Association. Both resolutions were passed with overwhelming approval — 84,21,018 votes (about 100%) in favour with zero invalid votes. The only opposition was 7 votes (from 1 e-voter) against the Articles of Association change. E-voting was conducted via NSDL alongside physical ballot papers. The Scrutinizer (CS S V Narayana Charyulu) certified the results as valid.
The approved increase in authorised share capital gives the company headroom to issue more shares in the future, which could lead to equity dilution if shares are eventually allotted. Both resolutions passed with near-unanimous support, indicating no shareholder dissent on these corporate actions.