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Websol Energy Systems gets shareholder nod on key resolutions

March 19, 2025 at 05:01 AM UTCBy FilingReader AI

Websol Energy System Limited [BSE: WEBELSOLAR] announced the successful passage of all resolutions proposed in its postal ballot notice dated February 6, 2025. The resolutions, approved on March 16, include the appointment of Shailesh Kumar Mishra as an Independent Director for a five-year term and the adoption of new Memorandum of Association (MOA) and Articles of Association (AOA) under the Companies Act, 2013. Further approvals authorize investments, loans, guarantees, and security exceeding specified limits, and to provide security to related parties under Section 185 of the Companies Act. According to the scrutinizer's report, the e-voting process saw high shareholder participation, with over 99% of votes cast in favor of the resolutions. The company has filed the results and Scrutinizer's Report with the National Stock Exchange of India and the Bombay Stock Exchange, also available on Websol's website.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:WEBELSOLARBombay Stock Exchange
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