Event Details

The 20th Annual General Meeting (AGM) of Indian Energy Exchange Limited was held on Wednesday, September 09, 2026, through Video Conferencing/Other Audio-Visual Means. The meeting commenced at 11:00 A.M. IST and concluded at 12:03 P.M. IST, including time allowed for e-voting at the AGM.

Attendance

Directors Present:

  • Mr. Satyanarayan Goel, Chairman and Managing Director (joined from Noida, Uttar Pradesh)
  • Ms. Sudha Pillai, Non-Executive Independent Director (joined from New Delhi)
  • Mr. Pradeep Kumar Pujari, Non-Executive Independent Director (joined from Abu Dhabi, UAE)
  • Mr. Tejpreet Singh Chopra, Non-Executive Independent Director (joined from New Delhi)
  • Mr. Amit Garg, Non-Executive Director (joined from New Delhi)
  • Mr. Rohit Bajaj, Joint Managing Director (joined from Noida, Uttar Pradesh)

Other Attendees:

  • Mr. Vineet Harlalka, CFO, Company Secretary and Compliance Officer (joined from Noida, Uttar Pradesh)
  • Mr. Rohit Arora and Mr. Ashok Uprati, representatives of M/s Walker Chandiok & Co LLP, Statutory Auditors (joined from Gurugram, Haryana and Noida, Uttar Pradesh respectively)
  • Mr. Mohd. Nazim Khan and Ms. Samreen Fatima, representatives of M/s MNK And Associates LLP, Secretarial Auditors (joined from New Delhi)
  • Mr. Ankit Jain, Partner of Ankit J & Associates, Scrutinizer (joined from Noida, Uttar Pradesh)

Members Present: 352 members attended through Video Conferencing.

Directors Absent: Mr. Rajeev Gupta and Mr. Gautam Dalmia were unable to attend due to other professional commitments.

Business Conducted

Ordinary Business

1. Adoption of Financial Statements: Shareholders received, considered, and adopted:

  • Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors
  • Audited Consolidated Financial Statements for the financial year ended March 31, 2026, together with Report of the Auditors

2. Dividend Declaration:

  • Confirmed payment of Interim Dividend of ₹1.50 per equity share of face value ₹1 each for FY26
  • Approved and declared Final Dividend of ₹2.00 per equity share of face value ₹1 each for FY26

3. Director Appointment: Appointed Mr. Gautam Dalmia (DIN 00009758) as director liable to retire by rotation

Auditor Reports

Both Statutory Auditors and Secretarial Auditors expressed unqualified opinions in their respective audit reports for FY 2025-26. There were no qualifications, observations, or adverse comments on the financial statements and matters that have any material bearing on the functioning of the Company.

Voting Process

The Company provided facility of remote e-voting to all shareholders. The combined results of remote e-voting and e-voting done at the meeting were to be announced and displayed on the Company's website and the RTA website within 2 working days.

Documents Available for Inspection

The following documents were available electronically for inspection by members during the AGM:

  • Register of Directors and Key Managerial Personnel and their Shareholding
  • Register of Contracts or Arrangements in which Directors are interested
  • Certificate from Secretarial Auditors under SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021
  • Other statutory documents required to be made available for inspection at AGM

Additional Information

The Notice of the 20th AGM together with the Annual Report was sent by electronic mode to all members and made available on the Company's website www.iexindia.com.

Mr. Vineet Harlalka, CFO, Company Secretary & Compliance Officer, was authorized to receive the Scrutinizer's Report and communicate the results of voting to the Stock Exchanges and place them on the Company's website immediately after declaration of results.

The e-voting module was kept open for 15 minutes after conclusion of the meeting proceedings.

#Tags: #IndianEnergyExchange #AGM #Dividend #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral