Schneider Electric Infra postal ballot results passed on Jul 3

Schneider Electric Infrastructure Limited announced that shareholders have approved a material related party transaction with Schneider Electric IT Business India Private Limited. The resolution was passed via a postal ballot process, with 99.98% of the valid votes cast in favour. The approval permits the company to proceed with specific transactions involving the related entity, a move critical for its operational continuity and strategic alignment.

The remote e-voting commenced on June 4, 2026, and concluded on July 3, 2026. A total of 647 shareholders participated, representing 1,59,45,776 equity shares. The scrutinizer, Mr. Anirudh Grover of M/s Sanjay Grover & Associates, validated the results, confirming the resolution's passage on the last date of voting.

Voting Results Summary

The outcome of the postal ballot reflects strong shareholder support for the proposed transaction. Public institutions and non-institutional shareholders actively participated, while promoters did not cast any votes.

Particulars	Number of Votes	Percentage
Assent	1,59,43,556	99.9861
Dissent	2,220	0.0139
Total Valid Votes	1,59,45,776	100

Detailed Breakdown by Category

The voting pattern varied across different shareholder categories. Public institutions showed unanimous support, while public non-institutions accounted for the dissenting votes.

Category	Shares Held	Votes Polled	% of Votes Polled on Outstanding Shares	Votes in Favour	Votes Against
Promoters and Promoter Group	17,93,28,026	-	0.0000	-	-
Public-Institutions	1,85,39,900	1,48,71,535	80.2137	1,48,71,535	-
Public-Non Institutions	4,12,36,109	10,74,241	2.6051	10,72,021	2,220
Total	23,91,04,035	1,59,45,776	6.6690	1,59,43,556	2,220

The company disclosed that the total equity paid-up share capital as on the cut-off date of May 29, 2026, was INR 47,82,08,070, divided into 23,91,04,035 equity shares of INR 2 each. The results have been submitted to the National Stock Exchange of India Ltd and BSE Limited in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.63%	-10.59%	+10.34%	+113.35%	+59.23%	+910.92%

Schneider Electric Infrastructure Limited has approved a revision in capital expenditure to ₹184 Crores for the expansion of its Kolkata Medium Voltage Components (KMVC) facility. The decision, taken by the Board of Directors on July 3, 2026, aims to enhance manufacturing capacity for Medium Voltage (MV) Vacuum Interrupters from 180,000 units per annum to 250,000 units per annum. This revision marks an increase of ₹46 Crores from the initial approval of ₹138 Crores granted in September 2022.

The expanded capacity is scheduled to be operational by the first quarter of FY 2028-29, specifically by June 30, 2028. The existing facility currently operates at approximately 90% utilization, producing 80,000 MV Vacuum Interrupters annually. The investment will also facilitate the addition of MV Vacuum Circuit Breakers assembly lines.

Details of Capacity Expansion

S. No	Disclosure for Capacity addition	Particulars
1	Existing capacity	80k MV Vacuum Interrupters per year
2	Existing Capacity utilization	Approx 90%
3	Proposed capacity addition	250k MV Vacuum Interrupters and MV Vacuum Circuit Breakers assembly lines
4	Period within which the proposed capacity is to be added	By 1st quarter of FY 2028-29, i.e. June 30, 2028
5	Investment required	₹184 Crores (earlier approval sought for ₹138 Crores). The increment amount of ₹46 crores from initial approval, is towards additional capacity enhancements and project execution.
6	Mode of financing	Internal accruals and/or borrowings
7	Rationale	To align with the Company's manufacturing localization strategy, export growth plans, capacity augmentation requirements, and business continuity objectives.

In a separate approval, the Board revised the capital expenditure for establishing a Mechanism Assembly Line at KMVC to ₹107.2 Crores, up from the previously approved ₹90.6 Crores. This project is intended to support future growth requirements and export opportunities, updating the disclosure made on May 26, 2025.

The projects will be financed through internal accruals and/or borrowings. The strategic rationale behind these investments includes aligning with the company's manufacturing localization strategy, export growth plans, capacity augmentation requirements, and business continuity objectives.