Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Date: Friday, September 25, 2026
  • Time: 11:30 A.M. to 11:46 A.M.
  • Location: Conducted through Video Conference (VC) or Other Audio Visual Means (OAVM)
  • Type of Meeting: 33rd Annual General Meeting

Proposed Resolutions and Business Transacted

The meeting transacted the business as contained in the Notice Calling the 33rd AGM dated August 11, 2026 and Addendum to the notice dated September 15, 2026. The agenda items were:

Ordinary Business:

1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Auditors' thereon and comments of the Comptroller and Auditor General of India (Ordinary Resolution)

2. To resolve not to fill up the vacancy caused by retirement of Prof. Narayanaswamy Balakrishnan (DIN: 00181842) by rotation (Ordinary Resolution)

3. To fix remuneration of the Statutory Auditor(s) of the Company in terms of the provisions of Section(s) 139(5) and 142 of the Companies Act, 2013 (Ordinary Resolution)

Special Business:

4. Appointment of Shri Manikumar Sivaramakrishnan (DIN: 08956660) as Deputy Managing Director (Ordinary Resolution)

Voting Process and Methods

  • The meeting was held through electronic means in accordance with circulars issued by the Ministry of Corporate Affairs (MCA)
  • Voting remained open for 15 minutes after the conclusion of the Meeting
  • Members could cast their vote through remote e-voting or electronically during the meeting
  • Central Depository Services (India) Ltd. served as the e-voting Service Provider

Key Personnel and Attendees

Directors Present:

  • Shri Rahul Bhave, Managing Director & Chief Executive Officer (elected as Chairman)
  • Shri Manikumar Sivaramakrishnan, Deputy Managing Director
  • Shri Jitendra Asati, Government Director
  • Shri Dino Singh Punia, Independent Director & Chairman, Audit Committee and Nomination & Remuneration Committee
  • Shri Arvind Kumar Jain, Director & Chairman, Stakeholders' Relationship Committee
  • Shri Rajeev Sachdev, Director

Auditors and Officials Present:

  • Shri Subhash Chander Mann, Partner, M/s S. Mann & Co., Chartered Accountants (Statutory Auditor for FY 2025-26)
  • Shri Suryakant Gupta, Partner, M/s Surya Gupta & Associates (Secretarial Auditor)
  • Shri Devesh Kumar Vasisht, Practising Company Secretary from DPV & Associates (Scrutinizer)
  • Shri Prasoon and Shri Sachikanta Mishra, Executive Directors of the Company

Auditor Reports and Observations

The Company Secretary reported:

  • No qualifications, observations or adverse remarks or disclaimers made by the Statutory Auditors
  • Certain Emphasis of matter on Standalone and Consolidated Financial Statements had been made part of the Annual Report
  • Comments of the Comptroller & Auditor General of India (C&AG) along with consolidated IFCI's Management Reply on C&AG Supplementary Audit observation included in Annual Report
  • Secretarial Auditor made observations regarding absence of requisite number of Independent Directors including Independent Woman Director, with Management's Reply included in Annual Report

Result Declaration and Compliance

The Chairman informed that:

  • The result of the e-voting during the Meeting aggregated with the result of remote e-voting would be placed on the website of the Company
  • Results would be displayed on Stock Exchanges (NSE and BSE) and with Central Depository Services (India) Ltd.
  • Results would be displayed on the Notice Board of the Company at its Registered Office
  • Compliance with provisions of the Companies Act and SEBI Listing Regulations was confirmed

Additional Information

  • Statutory Registers / Records and documents referred to in the Notice were made available for inspection through electronic means during the meeting
  • The Company's registered office is at IFCI Tower, 61 Nehru Place, New Delhi - 110 019