Postal Ballot Results: 3 Related Party Transaction Resolutions Approved
POWERINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Hitachi Energy India announced postal ballot results where all 3 ordinary resolutions were approved with over 99.97 percent votes in favour. The resolutions approve material related party transactions with Hitachi Energy Sweden AB, USA Inc, and Switzerland Ltd. Out of 67.67 lakh votes polled (15.18 percent of outstanding shares), promoters abstained as interested parties while institutional investors voted 100 percent in favour. Voting closed October 12, 2026.
Shareholders approved related party deals with Hitachi group. Minimal dissent shows strong institutional support for ongoing group transactions.