Olectra Greentech: Shareholders Approve Director Appointments via Postal Ballot
Olectra Greentech Limited has announced the results of its postal ballot (remote e-voting) process, which concluded on December 23, 2025. All resolutions put forth in the notice dated November 19, 202...
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Why is Olectra Greentech Limited in the news today?
Olectra Greentech Limited (OLECTRA) is in the news due to the announcement details the successful passing of key resolutions regarding director appointments through shareholder voting, indicating positive corporate governance and management stability.
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Olectra Greentech: Shareholders Approve Director Appointments via Postal Ballot
December 24, 2025, 12:57 PM
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Olectra Greentech Limited has announced the results of its postal ballot (remote e-voting) process, which concluded on December 23, 2025. All resolutions put forth in the notice dated November 19, 2025, were duly passed by the company's members with the requisite majority. The voting results and the Scrutinizer's report, dated December 23, 2025, confirm the approval of these resolutions.
Key resolutions passed include the regularization of Mr. Mahesh Babu Subramanian as a Director and his subsequent appointment as the Managing Director of the company. Additionally, Mrs. Chintalapudi Lakshmi Kumari was re-appointed as an Independent Director. The voting data indicates overwhelming support from shareholders for all three resolutions, with a significant majority of votes cast in favour across promoter, public, and institutional categories.
The e-voting period commenced on November 24, 2025, and concluded on December 23, 2025. The cut-off date for determining eligible shareholders was November 20, 2025. The company utilized CDSL for the e-voting facility, and the process was scrutinized by Prathap Satla & Associates. The detailed voting results and the Scrutinizer's report are available on the company's website, www.olectra.com.
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