AGM 2026 voting results: All 5 resolutions passed with strong majority
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Sterling and Wilson Renewable Energy's 9th AGM was held on July 2, 2026 via video conferencing. All 5 resolutions passed with requisite majority: (1) adoption of FY26 audited standalone and consolidated financial statements at 99.95% in favor, (2) reappointment of Mr. Khurshed Daruvala as Non-Executive Director at 99.93%, (3) appointment of Branch Auditors at 99.95%, (4) approval of material related party transactions with Shapoorji Pallonji at 99.67% with promoter votes excluded, and (5) special resolution to waive recovery of excess remuneration paid to the Manager for FY25-26 at 99.94%. About 53% of outstanding shares participated.
All 5 AGM resolutions passed with over 99% support, including related party deal with Shapoorji Pallonji and waiver of excess manager pay. Signals governance continuity.