Adani Enterprises shareholders approve related party transaction, director appointment

Adani Enterprises Limited has announced the results of its postal ballot, revealing overwhelming shareholder approval for two key resolutions. The first, an ordinary resolution for material modification in an approved material related party transaction, garnered 96.24% of votes in favor, with 3.76% against. The second, a special resolution to appoint Mr. Bharat Kanaiyalal Sheth as an independent director for three years, received 99.43% of votes in favor and 0.56% against. Both resolutions were declared duly passed with the requisite majority.

The e-voting facility, provided through Central Depository Services (India) Limited, was open from September 16, 2025, to October 15, 2025. For the ordinary resolution, 237,202,608 shares (20.5516% of total paid-up equity capital) voted in favor, while 9,276,042 shares (0.8037%) voted against. For the special resolution, 244,938,173 shares (21.22%) voted in favor, and 1,387,072 shares (0.12%) voted against.

The company's corporate actions, including the dispatch of the postal ballot notice, were conducted electronically in compliance with MCA Circulars. Mr. Chirag Shah, a practicing company secretary, served as the scrutinizer for the postal ballot process, ensuring transparency.