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CLN Energy LtdUpdates, 02-05-2025: Company Update

02-05-2025 | 02:17 pm

CLN Energy Limited has announced a postal ballot to seek shareholders’ approval for a preferential issue and allotment of up to 3.6 lakh equity shares to a promoter category entity. Voting will be conducted electronically, with e-voting open from May 7 to May 30, 2025. The company has appointed a practicing company secretary as the scrutinizer to ensure a transparent voting process. Results will be declared by June 2 and published on the company’s and BSE’s websites. This move aims to strengthen promoter shareholding and support future growth plans.

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