Schneider Electric Infrastructure 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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Schneider Electric Infrastructure Limited has announced the voting results of its Postal Ballot, with remote e-voting conducted from February 24, 2026 to March 25, 2026. All four resolutions were passed with overwhelming shareholder support: a Special Resolution to approve the Worldwide Employee Share Ownership Plan 2026 (WESOP), including grants of loans/financial assistance and free matching shares to employees, received 99.09% votes in favor (19.15 crore shares). Three Ordinary Resolutions approving Material Related Party Transactions with Schneider Electric IT Business India Private Limited, Schneider Electric India Private Limited, and Schneider Electric Industries SAS each received 99.99% votes in favor (1.40 crore shares each). The company's total share capital stands at INR 47.82 crore, divided into 23.91 crore equity shares of INR 2 each, with 1,10,142 shareholders on the cut-off date of February 20, 2026. The Scrutinizer's report was issued by Sanjay Grover & Associates, confirming that all resolutions were deemed approved on March 25, 2026.
The near-unanimous approval (over 99% in favor) across all resolutions signals strong shareholder confidence in management's proposals, particularly the employee stock ownership plan and ongoing related party transactions with the Schneider Electric parent group. The WESOP approval may result in marginal equity dilution over time, while the RPT clearances enable uninterrupted business operations with group entities.