Workflow
Stardust Solar Energy Inc. Announces Adoption of New By-Law No. 1 with Advance Notice Provisions
Sunoco LPSunoco LP(US:SUN) Newsfileยท2025-08-08 20:00

Core Viewpoint - Stardust Solar Energy Inc. has introduced a new by-law (By-Law No. 1) that establishes an advance notice requirement for shareholders intending to nominate directors, aiming to enhance corporate governance and transparency [1][2]. Group 1: By-Law No. 1 Details - By-Law No. 1 mandates that shareholders must notify the Corporation in writing of their intention to nominate directors prior to any meeting where directors are to be elected [2]. - The by-law specifies that for annual meetings, notice must be given not less than 30 days and not more than 65 days before the meeting, with specific provisions if the meeting is announced less than 40 days in advance [4]. - For special meetings, notice must be provided no later than the close of business on the 15th day following the public announcement of the meeting date [5]. Group 2: Implementation and Ratification - By-Law No. 1 is effective immediately and will be presented for ratification at the upcoming annual and special meeting on September 18, 2025 [5][6]. - If confirmed at the meeting, By-Law No. 1 will remain in effect as ratified by the shareholders [6]. Group 3: Company Overview - Stardust Solar is a North American franchisor specializing in renewable energy installation services, including solar panels, energy storage systems, and electric vehicle supply equipment [7]. - The company supports entrepreneurs with branded business management services, advanced equipment, and comprehensive support in various operational areas [7].