Genus Power Infrastructures Limited has informed the Exchange regarding 'Outcome of Postal Ballot notice dated February 09, 2026'.
GENUSPOWER · price
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Genus Power Infrastructures Limited announced results of its postal ballot held through e-voting. Three resolutions were passed: (1) Appointment of Mr. Nathu Lal Nama (DIN: 10302325) as Whole-time Director designated as Executive Director, (2) Revision in overall borrowing powers under Section 180(1)(c) of Companies Act 2013, and (3) Approval for creation of securities/mortgage/charge on company assets under Section 180(1)(a) of Companies Act 2013. The voting period ended on May 7, 2026, and results were announced on May 8, 2026.
The appointment of a new Executive Director adds to the company's board composition, while the borrowing and asset charge approvals provide enhanced financial flexibility for future operations and growth initiatives.