Schneider Electric Infrastructure Limited has informed the Exchange regarding Notice of Postal Ballot
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Schneider Electric Infrastructure Limited has issued a Postal Ballot Notice seeking shareholder approval through e-voting on four resolutions. The sole Special Resolution is to enable the company to participate in its ultimate parent Schneider Electric SE's Worldwide Employee Share Ownership Plan 2026 (2026 WESOP), including providing interest-free loans to employees and free matching shares capped at 5% of paid-up capital plus free reserves. Three Ordinary Resolutions seek approval for material related party transactions for FY 2026-27: up to ₹520 Crores with Schneider Electric IT Business India Pvt Ltd, up to ₹700 Crores with Schneider Electric India Pvt Ltd, and up to ₹400 Crores with ultimate holding company Schneider Electric Industries SAS — together totaling ₹1,620 Crores of intra-group transactions. E-voting runs from February 24, 2026 (9:00 AM) to March 25, 2026 (5:00 PM), with the cut-off date set as February 20, 2026, and results to be announced by March 27, 2026.
These are routine corporate governance items requiring member consent. The related party transactions are all within the Schneider Electric group, so the impact on minority shareholders depends on whether transactions are conducted at arm's length. The ESOP component involves a potential equity issuance capped at 5% of capital, which could lead to modest dilution over time.