Karma Energy Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
KARMAENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Karma Energy Limited has filed the voting results and scrutinizer's report for a postal ballot conducted via e-voting from February 24 to March 25, 2026. Three resolutions were put to shareholders and all were passed with overwhelming majorities. Resolution 1 approved a material related party transaction with Tapi Energy Projects Limited, passing with 99.70% of votes in favor. Resolution 2 approved a material related party transaction with Windia Infrastructure Finance Limited, also passing with 99.70% in favor. Resolution 3, a special resolution to continue Mr. Dharmendra Gulabchand Siraj as a Non-Executive Non-Independent Director after attaining age 75, passed with 99.98% support. The promoter group, being interested parties, did not vote on the first two resolutions but voted 100% in favor of the third. No invalid votes were recorded.
All three resolutions, including two material related party transactions and a key director's continuation, have been cleared by shareholders, removing governance uncertainty. The very high approval levels (over 99.7%) suggest minimal shareholder dissent, though retail turnout was low at around 4.95% of outstanding shares on the first two resolutions.