New Delhi: Adani Energy Solutions Ltd (AESL) said on Tuesday that shareholders have approved key modifications to material related-party transactions through a postal ballot process, with 100% of votes polled in favour of the proposals. The e-voting window remained open from November 8 to December 7, 2025.
The company sought shareholder approval for revisions to transactions conducted by its wholly owned subsidiary Powerpulse Trading Solutions Ltd (formerly Adani Energy Solutions Step-Thirteen Ltd) with two group entities—Adani Power Ltd and Mahan Energen Ltd. Both resolutions were classified as ordinary resolutions.
The voting process was conducted electronically via CDSL, in line with the Companies Act and MCA’s extended framework for postal ballots. AESL engaged Chirag Shah, a practicing company secretary, as the scrutinizer, who confirmed a unanimous vote in favour of both proposals.
AESL informed exchanges that the postal ballot notice dated October 27, 2025, had been circulated to 4.71 lakh shareholders. Since the process was conducted entirely through e-voting, no physical meeting, attendance or proxies were required. The results and scrutinizer’s report have been uploaded to the company’s website.