AGM results: all 7 resolutions passed with 99.99% majority
SOLARWORLD · price
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Solarworld Energy Solutions held its 13th AGM on September 30, 2026 via video conferencing. All 7 resolutions passed with 99.9998% support. Resolutions covered adoption of FY26 financial statements, re-appointment of director Mr. Mangal Chand Teltia, cost auditor remuneration, enhanced borrowing limits under Section 180, creation of charges on assets, higher investment and loan limits under Section 186, and variation in prospectus object terms. About 70.4 million shares (81.24% of outstanding) were polled.
Shareholders approved higher borrowing capacity and changed use of IPO funds, signalling possible expansion, acquisitions, or debt-funded growth ahead.