Proceedings of Postal Ballot notice dated February 09, 2026

Board & Shareholder Meetings View source PDF

GENUSPOWER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-6.1%1-day move

₹328.00

prior close

₹326.80

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.6+0.2+0.2-1.2-6.1-4.0-6.0-4.0-6.8-6.1-4.9-5.5-3.2—

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AI summary

Genus Power Infrastructures Limited conducted a postal ballot (e-voting only) on May 07, 2026, with results declared on May 08, 2026. Three resolutions were put to shareholders: (1) Appointment of Mr. Nathu Lal Nama as Whole-time Director (Executive Director) — passed with 97.28% votes in favour (203.5 million votes). (2) Revision in overall borrowing powers under Section 180(1)(c) of the Companies Act, 2013 — passed with 95.53% votes in favour (199.8 million votes). (3) Creation of securities/mortgage/charge on assets under Section 180(1)(a) — passed with 95.52% votes in favour (199.8 million votes). The scrutinizer (M/s. ARMS & Associates LLP) confirmed all resolutions passed with requisite majority. Total valid votes polled were 209.2 million representing 68.76% of total shares outstanding.

Likely market impact

All resolutions passed overwhelmingly (95%+ approval), indicating strong shareholder backing for both the new director appointment and the expanded financial flexibility (borrowing powers and asset charging authority). This signals the company's intent to pursue growth or refinancing activities.