Selan Exploration Technology Limited — Others, 28-03-2025: Shareholders meeting

Selan Exploration Technology Limited has announced a board meeting regarding the results of a postal ballot vote, where members approved two special resolutions for remuneration: one for Mr. Suniti Kumar Bhat, Managing Director, and another for Mr. Siva Kumar Pothepalli, Whole Time Director. Both resolutions received overwhelming support, passing with over 99% approval. This positive outcome may strengthen management confidence and suggests shareholder alignment on leadership compensation, enhancing stability and potential future performance. Investors can view this as a positive outlook for governance and operational continuity.