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GNG Electronics Limited: Postal Ballot Proceedings Concluded on Jan 15, 2026
GNG Electronics Limited
January 15, 2026, 12:53 PM
GNG Electronics Limited concluded postal ballot proceedings on January 15, 2026. Members voted on the Employees Stock Option Scheme 2024 and related party transactions with subsidiaries. The voting period ran from December 17, 2025, to January 15, 2026. Results and the Scrutiniser's report will be announced soon.
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GNG Electronics Limited has concluded its postal ballot proceedings on January 15, 2026. The company had previously dispatched a Notice of Postal Ballot on December 16, 2025, to its members as of the cut-off date, December 12, 2025. The ballot sought consent on four special and ordinary business items.
These items included the approval and ratification of the Electronics Bazaar Employees Stock Option Scheme – 2024, extension of grant to eligible employees of subsidiary and associate companies under the same scheme, and approval for material related party transactions. Specifically, approvals were sought for transactions with Electronics Bazaar FZC, a subsidiary, and between Electronics Bazaar FZC and Bright World Technologies INC, a wholly-owned subsidiary of Electronics Bazaar FZC.
The remote e-voting period commenced on December 17, 2025, at 9:00 a.m. (IST) and concluded on January 15, 2026, at 5:00 p.m. (IST). A public advertisement regarding the dispatch of the Postal Ballot Notice was published on December 17, 2025, in Financial Express and Loksatta. Bigshare Services Private Limited acted as the Registrar & Transfer Agent, and M/s. Nishant Bajaj & Associates, Practising Company Secretaries, served as the Scrutiniser for the e-voting process. The Scrutiniser's report is expected within two working days from the conclusion of the e-voting, and the voting results will be intimated separately to the stock exchanges.
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