Hitachi Energy India Limited’s Board of Directors has approved the issuance of a Postal Ballot Notice. This notice seeks shareholder approval for material related-party transactions with Hitachi Energy Sweden AB, Hitachi Energy USA Inc., and Hitachi Energy Ltd., Switzerland. The outcome of the postal ballot will be communicated in due course. The board meeting, held on August 28, 2026, deliberated on several key business matters.
Board Meeting Outcome
A meeting of the Board of Directors of Hitachi Energy India Limited was convened on August 28, 2026. During this meeting, the board considered and approved the issuance of a Postal Ballot Notice to shareholders. This notice is crucial for obtaining shareholder approval regarding material related-party transactions. The proposed transactions involve entities such as Hitachi Energy Sweden AB, Hitachi Energy USA Inc., and Hitachi Energy Ltd., Switzerland.
Shareholder Approval Pending
The approval of these related-party transactions is contingent upon the shareholders’ consent, which will be sought through a postal ballot. The company stated that the notice for the postal ballot, along with all other required information as per the Companies Act, 2013, and SEBI Listing Regulations, will be published and communicated in the near future. The board meeting commenced at 14:54 hrs (IST) and concluded at 18:54 hrs (IST) on the same day.
Further details regarding this matter are also available on the company’s investor relations website.
Source: BSE
