Genus Power Infrastructures Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
GENUSPOWER · price
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Genus Power Infrastructures Limited has submitted the Scrutinizer's Report confirming all three resolutions from the Postal Ballot dated February 09, 2026 have been passed with overwhelming shareholder approval. The e-voting was conducted from April 8, 2026 to May 7, 2026. Resolution 1 approved the appointment of Mr. Nathu Lal Nama as Whole-time Director (Executive Director) with 97.28% votes in favor (203.5 million votes). Resolutions 2 and 3, both Special Resolutions, approved raising borrowing powers and creation of security/charge on assets with approximately 95.5% votes in favor each. Total valid votes cast were 209.2 million across all resolutions with no invalid votes.
The overwhelming approval (95%+) on all three resolutions signals strong shareholder confidence. The appointment of the new Executive Director provides clarity on leadership, while the enhanced borrowing and asset charge powers give the company greater financial flexibility for future growth initiatives.