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 for postal ballot notice dated April 11 2025
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Schneider Electric Infrastructure Limited has submitted the voting results and scrutinizer's report for its postal ballot notice dated April 11, 2025. Two special resolutions were put to shareholders via remote e-voting, which ran from April 17 to May 16, 2025, and both were passed with overwhelming majority. Resolution 1, the re-appointment of Mr. Pravin Purang as Independent Director for a second and final 3-year term, was approved with 99.63% of valid votes in favour (18.98 crore shares for, 6.97 lakh against). Resolution 2, approving payment of commission to Non-Executive Director Mr. Anil Chaudhry, was approved with 99.32% support (18.93 crore shares for, 12.91 lakh against). About 79.69% of the company's 23.91 crore outstanding equity shares were polled, and the promoter group (17.93 crore shares) voted 100% in favour of both resolutions.
Both resolutions cleared with near-unanimous shareholder support, indicating broad confidence in the board's governance decisions. Public institutions showed slightly higher dissent (11.51%) on the director commission resolution compared to the independent director re-appointment (6.25%), but the margin of approval is large enough that this is largely a routine compliance filing with no expected material impact on the stock price.