Amara Raja Energy & Mobility Limited has successfully concluded its postal ballot voting process on December 25, 2025, with shareholders approving the Employee Stock Option Scheme 2025 and related resolutions with strong majority support. The company submitted detailed voting results to stock exchanges on December 26, 2025, demonstrating robust stakeholder confidence in its talent retention strategy.

Postal Ballot Voting Results

The postal ballot concluded with overwhelming shareholder support across all four special resolutions related to the ESOP scheme. The voting demonstrated strong institutional and retail investor confidence:

Voting Participation Analysis

The postal ballot witnessed significant participation from different shareholder categories, with the record date set as November 19, 2025:

Employee Stock Option Scheme 2025 Framework

The approved ESOP scheme encompasses comprehensive provisions for employee engagement across the organization and its subsidiaries:

Regulatory Compliance and Documentation

The company submitted voting results to both NSE and BSE under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Vikas Sabharwal signed the regulatory filing, confirming all special resolutions were passed with requisite majority. The voting results and scrutinizer's report are available on the company website and NSDL's e-voting platform.

Q2 FY26 Financial Performance Context

Alongside the ESOP approval, Amara Raja Energy & Mobility reported strong Q2 FY26 financial results, reinforcing the timing of the employee incentive scheme:

The successful ESOP approval, combined with robust financial performance and strong shareholder participation of 65.74%, positions Amara Raja Energy & Mobility well for talent retention and sustained growth in the evolving energy and mobility solutions market.

Amara Raja Energy & Mobility Limited (ARE&M) has reported an 8% increase in revenue for Q2, with figures rising to Rs 3,388.18 crores from Rs 3,349.92 crores in the same quarter of the previous year. The company's financial performance shows both growth and challenges in various segments.

Financial Highlights

Note: All financial figures are in Indian rupees (crores).

Revenue Growth Drivers

The company's revenue growth was attributed to several factors:

1. Strong OEM demand across 4-wheeler and 2-wheeler segments
2. Robust performance from the lubes business
3. Increased export realizations
4. Growth in the new energy business, particularly in the telecom segment

Segment Performance

• Lead-Acid Batteries: The company noted declining demand in the telecom sector for lead-acid batteries.
• Lithium Solutions: This segment gained traction, indicating a shift in market preferences.
• Exports: Performance was impacted by global trade and tariff uncertainties.

New Energy Business

The company's new energy business showed growth, particularly in the telecom segment. This aligns with the broader industry trend of shifting towards more sustainable energy solutions.

Future Outlook

Amara Raja Energy & Mobility expects its Customer Qualification Plant for indigenous cell manufacturing to be operational by Q4 of the current fiscal year. This development could potentially strengthen the company's position in the evolving energy storage market.

Challenges and Opportunities

While the company has shown growth in revenue and certain segments, it also faces challenges:

1. Declining demand for lead-acid batteries in the telecom sector
2. Global trade uncertainties affecting export performance
3. The need to balance traditional battery business with emerging lithium solutions

The company's investment in indigenous cell manufacturing capabilities demonstrates its commitment to adapting to market changes and positioning itself for future growth in the energy and mobility sectors.