SG Mart Ltd

SG Mart Shareholders Approve Key ESOP Changes 📊✅

- SG Mart Limited (formerly Kintech Renewables) announced results of postal ballot voting conducted via remote e-voting.

- Two special resolutions were passed with requisite majority: Amendments to the Employees Stock Option Scheme 2023, and Extension of ESOP benefits to employees of subsidiary or associate companies.

- Total shareholders on record date: 22,947. Total votes cast: 76,210,239 (60.48% of outstanding shares).

- Resolution 1: 97.19% votes in favor (74,067,112 votes), 2.81% against (2,143,127 votes).

- Resolution 2: Identical voting results as Resolution 1, with 97.19% in favor and 2.81% against.