Belding India Limited has initiated a postal ballot process to seek shareholder approval for fixing the remuneration of its Managing Director and other key executives, appointing an independent director, and approving material related party transactions. The remote e-voting facility is available from Thursday, July 23, 2026, at 9:00 A.M. (IST) to Friday, August 21, 2026, at 5:00 P.M. (IST). The results of the postal ballot will be announced on or before Tuesday, August 25, 2026.

Shareholders are requested to vote on five resolutions. The special resolutions include fixing the remuneration of Mr. Abhishek Narbaria, Managing Director, for a period of three financial years from FY 2026-27 to FY 2028-29. The remuneration for Mr. Narbaria is proposed at ₹3.6 crores per annum for FY 2026-27, ₹4.8 crores per annum for FY 2027-28, and ₹6.0 crores per annum for FY 2028-29, plus a performance incentive not exceeding 5% of net profit. Additionally, the Board seeks approval to fix the remuneration of Mr. Umesh Kumar Sahay, Chairperson and Non-Executive Director, at ₹3.6 crores per annum for FY 2026-27, and Mr. Nikhil Dilipbhai Bhuta, Non-Executive Director, at ₹1.2 crores per annum for FY 2026-27.

Another special resolution seeks approval for the appointment of Mr. Rajesh Chandrakant Vaishnav as an Independent Director for a term of five years commencing from May 22, 2026. The company also proposes an ordinary resolution to approve material related party transactions with various entities, including BESS Limited, DC&T Defence Limited, and EFC (I) Limited, among others, for the financial year 2026-27. The total value of proposed transactions with these related parties aggregates to significant amounts, such as ₹1,00,00,00,000 with EFC (I) Limited for design and build turnkey contracts.

Key Details

Belding India Limited launched its Hybrid Battery Energy Storage System (BESS) at India Energy Storage Week 2026 to improve energy efficiency in diesel generator-based power systems. The product, conceptualised, designed, and developed indigenously by the company, was unveiled by Shri Shripad Yesso Naik, Hon'ble Minister of State for New and Renewable Energy, Government of India. This launch supports the transition towards smarter, cleaner, and reliable power solutions.

The Hybrid BESS reduces diesel consumption by 40–80%, depending on the load profile, significantly lowering fuel costs and operating expenses. By minimizing DG runtime, the system decreases maintenance needs and extends generator lifespan. It provides instant backup power during DG startup and enables peak load shaving, allowing the battery to manage sudden load spikes. This capability reduces the required DG capacity and ensures generators operate within their optimal load range.

Beyond cost savings, the system delivers clean and stable power with enhanced voltage and frequency regulation. It supports the integration of renewable energy sources like solar power and reduces carbon dioxide emissions and noise pollution. These features enhance system reliability and uptime for critical operations while lowering the total cost of ownership over the system's lifecycle.

The solution is designed for deployment across various industries and critical infrastructure applications. Target sectors include data centres, manufacturing facilities, hospitals, airports, telecom towers, mining operations, oil and gas sites, defence installations, remote industrial locations, and construction projects.

Mr. Umesh Kumar Sahay, Chairman of Belding India Limited , stated that the launch reinforces the company's commitment to sustainable energy solutions. He emphasized that the Hybrid BESS helps industries reduce diesel dependency while ensuring uninterrupted power, aligning with the Make in India vision.