Nine postal ballot resolutions approved, including employee share plans
VEDPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Members approved all nine postal ballot resolutions through e-voting, with results declared on October 24, 2026. They cover the Employee Stock Option Plan 2026 and Employee Share Purchase Plan 2026, trust implementation, extension to group employees, secondary purchases and company funding, plus material related party transactions. Support was 96.04% to 98.49% on eight special resolutions and 99.94% on the ordinary resolution; about 70.4% of eligible shares voted.
Share plans can proceed, potentially causing dilution. Strong support signals backing; related party deals remain a governance concern.