Scrutinizer''s Report on e-voting with regard to the notice of postal ballot dated February 09, 2026.
GENUSPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Genus Power Infrastructures Limited has received shareholder approval through postal ballot e-voting for three resolutions. The voting took place from April 8, 2026 to May 7, 2026, with 404 members participating representing 209.18 million votes. Resolution 1 approved the appointment of Mr. Nathu Lal Nama as Whole-time Director (Executive Director) with 97.28% votes in favour. Resolution 2 approved an increase in borrowing powers under Section 180(1)(c) of the Companies Act with 95.53% support. Resolution 3 approved creation of securities/mortgage/charge on company assets under Section 180(1)(a) with 95.52% approval. All three resolutions passed with the requisite majority.
Shareholders have approved key governance changes including a new executive director appointment and expanded financial flexibility through increased borrowing powers and asset charge creation authority. The strong approval margins (95%+ on all resolutions) indicate solid shareholder backing for the company's strategic decisions.