ALPHA TRIBE

GMR Power and Urban Infra LimitedOthers, 24-02-2025: Shareholders meeting

24-02-2025 | 06:42 pm

GMR Power & Urban Infra Limited successfully conducted a postal ballot, wherein members voted in favor of several ordinary resolutions, including material related party transactions for corporate guarantees to GMR Agra, GMR Kashi, GMR Triveni, GMR Warora, and GMR Kamalanga Smart Meters. The voting results confirmed a strong approval rate, with over 99% support for each resolution. This outcome reflects well on the company’s governance and enhances its confidence in facilitating strategic partnerships. Investors may view this positively, indicating management's commitment to leveraging relationships for growth while maintaining shareholder alignment.

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