ALPHA TRIBE

One 97 Communications LimitedOthers, 18-04-2025: Shareholders meeting

18-04-2025 | 03:41 pm

One 97 Communications Limited reported that members have approved three key resolutions through a postal ballot. Mr. Bimal Julka has been appointed as a Non-Executive Independent Director, with 99.98% voting in favor, and his remuneration has also been approved with 99.07% approval. Additionally, amendments to the One 97 Employees Stock Option Scheme 2019 were approved by 83.97%. This outcome suggests strong shareholder support, indicating a positive sentiment towards the company’s governance and employee incentivization strategies. Investors might view these developments favorably, reflecting stability and alignment in management.

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