Shanti Educational Initiatives Ltd. passed two special resolutions via postal ballot, including a change to the company's object clause and the re-appointment of an independent director.
The change to the object clause allows the company to enter into schemes of arrangement, including amalgamation and de-merger.
Shareholders re-appointed Susanta Kumar Panda as an independent director for a second term of five years.
Both resolutions were passed with 100% of the votes cast in favor, with a 90.28% turnout of the total shares.