Genus Power Infrastructures Limited conducted a postal ballot process to seek shareholder approval for the appointment of Mr. Sandeep Jain (DIN: 11696540) as an Independent Director of the Company.
Key Dates and Process
- Board Meeting Date: May 16, 2026 (approved postal ballot proposal)
- Postal Ballot Notice Date: May 16, 2026
- Cut-off Date for Voting Eligibility: June 19, 2026
- Dispatch Completion Date: June 29, 2026
- E-voting Period: July 1, 2026 (9:00 AM IST) to July 30, 2026 (5:00 PM IST)
- Resolution Passed Date: July 30, 2026
Voting Results
Special Resolution 1: Appointment of Mr. Sandeep Jain as Independent Director
- Total shares voted: 212,686,904 (69.91% of total share capital)
- Votes in favor: 203,807,061 (95.82% of votes cast)
- Votes against: 8,879,843 (4.18% of votes cast)
- Invalid votes: 0
- Number of members voted: 509
Category-wise Voting Breakdown
Promoter and Promoter Group:
- Shares held: 119,684,511
- Shares voted: 118,502,404 (99.01% of holding)
- 100% votes in favor (118,502,404 shares)
Public Institutions:
- Shares held: 66,661,548
- Shares voted: 64,000,531 (96.01% of holding)
- Votes in favor: 55,127,393 (86.14%)
- Votes against: 8,873,138 (13.86%)
Public Non-Institutions:
- Shares held: 117,896,556
- Shares voted: 30,183,969 (25.60% of holding)
- Votes in favor: 30,177,264 (99.98%)
- Votes against: 6,705 (0.02%)
Service Providers
- E-voting facility: Central Depository Services (India) Limited (CDSL)
- Scrutinizer: Ms. Lata Gyanmalani, Partner of ARMS & Associates LLP (standing in for Mr. Sandeep Jain)
- Witnesses: Mr. Rakesh Shrimal and Mr. Pawan Tyagi (not employed by the company)
Shareholder Base
- Total shareholders on record date (June 19, 2026): 167,122
- Promoter and Promoter Group shareholders: Not specified
- Public shareholders: Not specified
Outcome
The resolution was duly passed with the requisite majority on July 30, 2026, being the last date of the e-voting period.