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Shareholders approved resolutions including a share swap with Truplusco India LLP and GScale Energy acquisition
10-Aug-2026, 09:43
Shareholders at an Extraordinary General Meeting held on August 10, 2026, overwhelmingly approved seven resolutions, according to a report finalized by scrutinizer Y. Ravi Prasada Reddy of RPR & Associates. All resolutions were passed with 100% of votes in favor, including special resolutions related to the issuance of equity shares for a share swap arrangement with Truplusco India LLP and the acquisition of a controlling stake in GScale Energy Private Limited. Other approved measures involved the designation of Yasuyuki Ikeda as an Executive Director, the appointment of Uma Maheswara Rao Kancherla as an Independent Director, and enhancements to limits for creation of charge and borrowings. Voting occurred via remote e-voting and electronic means during the meeting, with no requests for review. Several resolutions were supplemented by corrigendums prior to the meeting to clarify details.
Shareholders at an Extraordinary General Meeting held on August 10, 2026, overwhelmingly approved seven resolutions, according to a report finalized by scrutinizer Y. Ravi Prasada Reddy of RPR & Associates. All resolutions were passed with 100% of votes in favor, including special resolutions related to the issuance of equity shares for a share swap arrangement with Truplusco India LLP and the acquisition of a controlling stake in GScale Energy Private Limited. Other approved measures involved the designation of Yasuyuki Ikeda as an Executive Director, the appointment of Uma Maheswara Rao Kancherla as an Independent Director, and enhancements to limits for creation of charge and borrowings. Voting occurred via remote e-voting and electronic means during the meeting, with no requests for review. Several resolutions were supplemented by corrigendums prior to the meeting to clarify details.