Acme Solar Holdings Limited — Others, 24-02-2025: Shareholders meeting

ACME Solar Holdings Limited has released the results of its recent Postal Ballot, where resolutions were approved by shareholders as of February 21, 2025. Key outcomes include the ratification of the 'ACME Employee Stock Option Plan 2024' and the appointment of Mr. Hemant Sahai as a Non-Executive Independent Director. The company reported strong approval rates, with over 92% support for most resolutions, highlighting robust shareholder confidence. However, several resolutions related to material related party transactions faced scrutiny, with lower approvals among public non-institutional shareholders. This signals a mixed response to the company's governance practices, advising investors to monitor ongoing developments closely.