Servotech Renewable Power System Limited — Others, 24-10-2024: Shareholders meeting

Servotech Power Systems Limited reported the successful outcome of its recent postal ballot. Shareholders voted to increase the company's authorized share capital and approve the issuance of warrants convertible into equity shares to the promoter on a preferential basis. Both resolutions received overwhelming support, achieving 99.98% and 99.99% respectively. The voting process was conducted electronically, ensuring compliance with regulations amidst ongoing challenges.