GE Vernova T&D India Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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GE Vernova T&D India Limited has announced the results of its postal ballot concluded on March 20, 2026, with all three resolutions passed by shareholders. Resolution 1: Appointment of Ms. Rashmi Joshi as Independent Director received 99.43% votes in favor (Special Resolution). Resolution 2: Re-appointment of Mr. Sandeep Zanzaria as Managing Director and CEO received 99.08% votes in favor. Resolution 3: Approval of Material Related Party Transactions with UK Grid Solutions Limited received 99.9993% votes in favor, with promoters abstaining from voting on this related party resolution. Total of 22.09 crore shares were polled representing about 86.3% of outstanding shares. Scrutinizer Mr. Manish Gupta of RMG & Associates oversaw the process.
Strong shareholder approval across all three resolutions signals confidence in the company's leadership and governance. The re-appointment of the MD/CEO provides continuity, while the related party transaction approval enables ongoing business with UK Grid Solutions, a key group entity. Minimal dissent (less than 1% against) on all resolutions reflects broad institutional and public investor support.