Tata Power Company Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
TATAPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tata Power Company Limited announced the results of its postal ballot conducted via remote e-voting, which concluded on March 18, 2026. Shareholders approved all six ordinary resolutions pertaining to material related party transactions, covering deals with Tata Projects, Tata Steel, TP Solar, TP Vardhaman Surya, and GRIDCO (through Tata Power's Odisha distribution subsidiaries). All resolutions passed with overwhelming support, securing roughly 99.97% of votes in favor in each case. Total voter turnout was about 25% of outstanding shares, with the promoter group (Tata Sons) voting 100% in favor on its 79.6 crore shares. Scrutinizer P.N. Parikh of Parikh & Associates validated the voting process and confirmed the results.
Shareholder approval clears the way for Tata Power to proceed with these related-party transactions without further regulatory hurdles. The near-unanimous support indicates strong investor confidence and minimal expected disruption to the stock, as the outcome was largely anticipated.