Electra Financial Services Ltd has informed BSE that the members of the Company have passed the Special Resolutions by way of Postal Ballot for change in name clause, object clause and capital clause of Memorandum of Association, Alternation in Articles 5 of Article of Association, Appointment of Mr. Sunil Jain as Managing Director of the Company and appointment of Mr. Mukesh Jain & Mr. Naveen Jain as Whole-time Director’s of the Company, with requisite majority.