Olectra Greentech has revised its delivery guidance for FY26, lowering expectations to 1500-2000 units from the previously announced target of 2000-2500 units. This adjustment comes as the company continues to pursue strategic expansion into the electric truck segment.

Revised Delivery Projections

The company's updated guidance reflects a more conservative approach to its delivery targets for the upcoming fiscal year. The revised figures represent a notable adjustment in the company's business projections.

Strategic Product Portfolio Expansion

Despite the revised delivery guidance, the company continues with its strategic plans to expand its product portfolio by entering the electric truck segment. This move represents a significant diversification effort for the company as it looks to broaden its electric vehicle offerings beyond its current product range.

Market Positioning and Business Development

By adding electric trucks to its product lineup, Olectra Greentech is positioning itself to serve the commercial transportation sector's increasing demand for electric vehicles. The move aligns with the broader industry trend toward electrification of commercial fleets and sustainable transportation solutions.

This strategic expansion indicates the company's focus on diversifying its electric vehicle portfolio to include commercial applications. The addition of e-trucks to its offerings could enhance the company's competitive position in the electric vehicle market and provide access to new customer segments in the commercial transportation industry.

Olectra Greentech has successfully concluded its postal ballot process, with all proposed resolutions receiving overwhelming shareholder approval. The company announced the voting results on December 24, 2025, marking a significant milestone in its corporate governance journey.

Postal Ballot Results Overview

The postal ballot, conducted through remote e-voting from November 24 to December 23, 2025, saw strong participation from shareholders across all categories. The voting process was scrutinized by Prathap Satla Associates, Company Secretaries, ensuring transparency and compliance with regulatory requirements.

Resolution-wise Voting Results

All three resolutions proposed in the postal ballot notice dated November 19, 2025, were approved with substantial majority:

Resolution 1: Regularisation of Managing Director

The regularisation of Mr. Mahesh Babu Subramanian (DIN: 08736697) as Director received strong support:

Resolution 2: Appointment as Managing Director

The appointment of Mr. Mahesh Babu Subramanian as Managing Director for a 3-year term from September 27, 2025, was approved:

Resolution 3: Independent Director Reappointment

The reappointment of Mrs. Chintalapudi Laksmi Kumari (DIN: 09023799) as Independent Director for 5 years from January 9, 2026, received approval:

Shareholder Participation Analysis

The postal ballot witnessed significant participation across different shareholder categories:

The successful completion of this postal ballot process strengthens Olectra Greentech's leadership structure and demonstrates strong shareholder confidence in the proposed appointments. The company has published the complete voting results and scrutinizer's report on its website at www.olectra.com , ensuring transparency and regulatory compliance.