Enclosed herewith scrutnizer report dated March 31, 2025 for resolutions passed through postal ballot.
SCHNEIDER · price
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Schneider Electric Infrastructure Limited conducted a postal ballot via remote e-voting between March 1 and March 30, 2025, and all four resolutions were passed by shareholders. The total paid-up equity share capital on the cut-off date (Feb 21, 2025) was ₹47.82 crore, divided into 23.91 crore shares of ₹2 each. Resolution 1 (Special): Approval for providing loan/financing assistance to employees to subscribe to Schneider Electric SE's shares under the Worldwide Employee Share Ownership Plan 2025 — passed with 97.88% in favour. Resolutions 2, 3 and 4 (Ordinary): Material Related Party Transactions with Schneider Electric IT Business India Pvt Ltd, Schneider Electric India Pvt Ltd, and Schneider Electric Industries SAS — passed with 94.57%, 99.47%, and 99.47% in favour respectively. The promoter group (holding ~17.93 crore shares, about 75% stake) voted 100% in favour of every resolution; the dissent on the RPT resolutions came mainly from public non-institutional shareholders.
All four resolutions are now effective, giving the board approval to extend ESOP-related funding to employees and to enter into large related-party transactions with group entities. Routine approval of related-party deals by the dominant promoter is expected and unlikely to materially move the stock price.