Postal ballot results: three related party transaction resolutions approved
POWERINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.8 pts less than Nifty 100 and 3.6 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Hitachi Energy India informed exchanges that members approved three ordinary resolutions via postal ballot on October 12, 2026, all related to material related party transactions with group entities: Hitachi Energy Sweden AB, Hitachi Energy USA Inc, and Hitachi Energy Ltd Switzerland. Total 67.67 lakh votes were polled (about 15.18 percent of outstanding shares), with over 99.97 percent voting in favor of each resolution. Promoters, being interested parties, did not vote. Institutional public shareholders polled 77.39 percent, voting 100 percent in favor.
Routine approval enabling ongoing related party transactions with the Hitachi Energy parent group; no material surprise for retail shareholders.