Ravindra Energy Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Ravindra Energy Limited announced the results of a postal ballot where shareholders approved all three resolutions with overwhelming majority. Resolution 1: Appointment of Mr. Apurva Chandra (DIN: 02531655) as Independent Director passed with 99.94% votes in favor. Resolution 2: Approval to give loans, guarantees or security under Section 185 of the Companies Act, 2013 passed with 99.31% support. Resolution 3: Material Related Party Transactions with Energy In Motion Limited passed with 99.31% support. The promoter group, holding about 12.39 crore shares, abstained from voting on resolutions 2 and 3 likely due to their interest in related party transactions. The scrutinizer's report was issued by Sanjay Dholakia & Associates on January 6, 2026.
All three key proposals including the new independent director appointment and related party transactions with Energy In Motion Limited have shareholder backing, reducing governance uncertainty. The high approval margins (above 99%) suggest strong institutional and public shareholder support for the company's strategic moves.