Voting Results of the Postal Ballot Notice 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 conducted a postal ballot voting from April 8 to May 7, 2026, with all three resolutions passing decisively. Shareholders approved the appointment of Mr. Nathu Lal Nama as Whole-time Director with 97.28% votes in favor (203.5 million votes). The company also secured shareholder approval to revise its overall borrowing powers under Section 180(1)(c) with 95.53% support (199.8 million votes), and to create securities/mortgage/charge on company assets under Section 180(1)(a) with 95.52% approval (199.8 million votes). Total voter turnout was approximately 68.76% of outstanding shares, indicating good shareholder participation. The scrutinizer from ARMS and Associates LLP confirmed all resolutions passed with the requisite majority on May 7, 2026.
The appointment of the new executive director strengthens the company's leadership team. The approval of expanded borrowing and asset charge creation powers gives management greater financial flexibility for future operations, capex, or debt restructuring. Strong voter turnout and overwhelming approval signals confidence in management's strategic direction.