Emmvee Photovoltaic Power has submitted the e-voting results and scrutinizer's report for its postal ballot process to BSE Limited and National Stock Exchange of India Limited under Regulation 44 of SEBI Listing Regulations. Both special resolutions related to the Employee Stock Option Scheme 2025 (ESOS-2025) were approved with overwhelming shareholder support.

Postal Ballot Results Summary

The company successfully concluded its postal ballot process with both resolutions receiving strong approval from shareholders:

Detailed Voting Analysis

The postal ballot witnessed significant participation across different shareholder categories with detailed voting breakdown:

Voting Process Framework

The postal ballot was conducted entirely through remote e-voting managed by National Securities Depository Limited (NSDL) with comprehensive regulatory compliance:

ESOS-2025 Scheme Details

The approved Employee Stock Option Scheme encompasses up to 35.00 lakh stock options. The first resolution ratified the ESOS-2025 scheme following the company's recent listing on NSE and BSE, while the second resolution extended these benefits to employees of subsidiary companies, broadening the scheme's reach across the corporate group.

Regulatory Compliance and Documentation

The postal ballot process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and SEBI Listing Regulations. Scrutinizer Pramod S M from BMP & Co. LLP confirmed that all procedural requirements were met and both resolutions were passed with the requisite majority for special resolutions. The voting results and scrutinizer's report are available on the company's website and NSDL's e-voting platform for stakeholder reference.

Emmvee Photovoltaic Power Limited , a leading player in the Indian solar energy sector, has reported a strong performance for the second quarter. The company's financial results showcase significant growth across key metrics, indicating positive momentum in its business operations.

Financial Highlights

Revenue Surge

Emmvee Photovoltaic Power witnessed a significant increase in its revenue, which rose to ₹11.30 billion in Q2 FY2025-26, compared to ₹4.00 billion in the same period last year. This represents a substantial year-over-year growth of 182.50%, indicating an expansion in the company's business activities.

Profit Expansion

The company's bottom line saw an even more impressive improvement:

• Net profit for Q2 FY2025-26 stood at ₹2.40 billion, up from ₹351.00 million in Q2 FY2024-25.
• This translates to a 583.00% increase in net profit year-over-year.

Annual Performance Context

To provide a broader perspective on the company's growth trajectory, here are the annual figures from the most recent fiscal year:

The quarterly results appear to be in line with the company's strong annual growth trend, suggesting consistent performance improvement.

Operational Efficiency

The significant increase in net profit, outpacing revenue growth, indicates improved operational efficiency:

• Operating Profit Margin (OPM) for FY 2024-25 was 30.91%, compared to 12.65% in the previous year.
• This 144.35% improvement in OPM suggests better cost management and operational leverage.

Market Implications

The robust financial performance of Emmvee Photovoltaic Power reflects positively on the Indian solar energy sector's growth potential. As the country pushes for greater adoption of renewable energy, companies like Emmvee Photovoltaic Power are well-positioned to capitalize on the expanding market opportunities.

Looking Ahead

While the company has shown impressive growth, it will be crucial to monitor how Emmvee Photovoltaic Power maintains this momentum in the coming quarters. Factors such as government policies, technological advancements in solar energy, and global energy trends may play significant roles in shaping the company's future performance.