GNG Electronics Limited has issued a Postal Ballot Notice seeking shareholder approval for several key matters through remote e-voting. The proposed resolutions include the alignment and ratification of the Electronics Bazaar Employees Stock Option Scheme – 2024, allowing grants to eligible employees of the company, its subsidiaries, associates, and holding companies. Additionally, shareholders will vote on material related party transactions. The company seeks approval to continue existing and enter into new transactions with its subsidiary, Electronics Bazaar FZC, for an aggregate value of up to ₹300 crore for FY 2025-26. Furthermore, approval is sought for transactions between Electronics Bazaar FZC and its wholly-owned subsidiary, Bright World Technologies INC (a step-down subsidiary of GNG Electronics), up to an aggregate value of ₹250 crore for FY 2025-26. The remote e-voting period commenced on December 17, 2025, at 9:00 a.m. (IST) and will conclude on January 15, 2026, at 5:00 p.m. (IST). The company has engaged Bigshare Services Private Limited to facilitate the e-voting process. The results of the e-voting will be announced on or before January 17, 2026.
