Meeting Details

  • Date of Meeting: Wednesday, 29th July, 2026
  • Type of Meeting: 50th Annual General Meeting
  • Location: Held entirely through Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Cut-off Date: Wednesday, 22nd July, 2026
  • Total Shareholders on Record Date: 35,734

Attendance Details

  • Total Shareholders Attended: 92
  • Promoters and Promoter Group: 14 shareholders
  • Public Shareholders: 78 shareholders
  • No physical meeting or proxy appointment was arranged as the meeting was conducted virtually

Proposed Resolutions and Voting Outcomes

Ordinary Business

1. Adoption of Audited Standalone Financial Statements for FY2026

  • Total Votes Polled: 32,673,875 (80.6388% of outstanding shares)
  • In Favor: 32,673,697 votes (99.9995% of votes polled)
  • Against: 178 votes (0.0005% of votes polled)
  • Invalid Votes: 0

Category-wise Breakdown:

  • Promoter & Promoter Group: 30,373,199 votes (100% in favor)
  • Public Institutions: 2,222,281 votes (100% in favor)
  • Public Non-Institutions: 78,395 votes (99.7729% in favor, 0.2271% against)

2. Adoption of Audited Consolidated Financial Statements for FY2026

  • Total Votes Polled: 32,673,875 (80.6388% of outstanding shares)
  • In Favor: 32,673,697 votes (99.9995% of votes polled)
  • Against: 178 votes (0.0005% of votes polled)
  • Invalid Votes: 0

Category-wise Breakdown:

  • Promoter & Promoter Group: 30,373,199 votes (100% in favor)
  • Public Institutions: 2,222,281 votes (100% in favor)
  • Public Non-Institutions: 78,395 votes (99.7729% in favor, 0.2271% against)

3. Re-appointment of Mr. Collegal Srinivasan Govindaraj (DIN: 10149022)

  • Total Votes Polled: 32,673,429 (80.6388% of outstanding shares)
  • In Favor: 32,672,983 votes (99.9986% of votes polled)
  • Against: 446 votes (0.0014% of votes polled)
  • Invalid Votes: 0

Category-wise Breakdown:

  • Promoter & Promoter Group: 30,373,199 votes (100% in favor)
  • Public Institutions: 2,222,281 votes (100% in favor)
  • Public Non-Institutions: 78,395 votes (99.4311% in favor, 0.5689% against)

4. Re-appointment of Mr. Sudip Banerjee (DIN: 05245757)

  • Total Votes Polled: 32,673,875 (80.6388% of outstanding shares)
  • In Favor: 32,667,642 votes (99.9809% of votes polled)
  • Against: 6,233 votes (0.0191% of votes polled)
  • Invalid Votes: 0

Category-wise Breakdown:

  • Promoter & Promoter Group: 30,373,199 votes (100% in favor)
  • Public Institutions: 2,222,281 votes (99.7396% in favor, 0.2604% against)
  • Public Non-Institutions: 78,395 votes (99.4311% in favor, 0.5689% against)

Special Business

5. Ratification of Remuneration of M/s. Mani & Co., Cost Accountants

  • Total Votes Polled: 32,673,875 (80.6388% of outstanding shares)
  • In Favor: 32,673,697 votes (99.9995% of votes polled)
  • Against: 178 votes (0.0005% of votes polled)
  • Invalid Votes: 0

Category-wise Breakdown:

  • Promoter & Promoter Group: 30,373,199 votes (100% in favor)
  • Public Institutions: 2,222,281 votes (100% in favor)
  • Public Non-Institutions: 78,395 votes (99.7729% in favor, 0.2271% against)

Voting Process and Methods

  • Voting Methods: Remote e-voting and e-voting at AGM
  • E-voting Provider: National Securities Depository Limited (NSDL)
  • Remote E-voting Period: Sunday, 26th July, 2026 (9:00 AM IST) to Tuesday, 28th July, 2026 (5:00 PM IST)
  • Shareholders eligible: Those holding shares as of cut-off date (22nd July, 2026)

Scrutinizer's Role and Findings

  • Scrutinizer: Sankar Kumar Patnaik, Partner of Patnaik & Patnaik, Practicing Company Secretaries
  • Appointment: By Board of Directors under Section 108 of Companies Act, 2013
  • Responsibilities: Scrutinize remote e-voting and e-voting at AGM processes
  • Conclusion: All resolutions passed with 'Requisite Majority'
  • Voting Records: To remain in scrutinizer's custody until minutes are approved

Compliance Statements

  • Conducted in compliance with SEBI (LODR) Regulations, 2015
  • Follows Companies Act, 2013 and relevant rules
  • Adheres to MCA General Circulars (14/2020, 17/2020, 20/2020, 02/2022, 03/2025)
  • Complies with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026

Additional Information

  • Total outstanding shares: 40,518,796
  • Information available on company website: www.ifbindustries.com
  • Scrutinizer's contact: 7A, Bentinck Street, Suite No. 403, 4th Floor, Kolkata - 700 001