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Global Education LimitedOthers, 16-04-2025: Shareholders meeting

16-04-2025 · 01:51 pm

Global Education Limited has announced a board meeting to facilitate a postal ballot seeking shareholder approval for two key resolutions. The first resolution pertains to the grant of 5,09,015 employee stock options under the ‘GEL Employee Stock Option Plan 2025,’ aimed at incentivizing and retaining key employees. The second resolution involves appointing Mr. Jitendra Paras Tatiya as a non-executive independent director for a three-year term, bolstering the Board's expertise with his extensive background in finance and risk management.

These developments are designed to enhance employee motivation and align interests with shareholders, potentially fostering a positive outlook for investors focused on long-term growth. The electronic voting period will commence on April 26 and conclude on May 27, with results to be announced on May 29.

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