INDO SMC EGM Approves Director and Auditor Appointments
Management Change
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
7th Jul 2026
Meeting Details
- Type of Meeting: Extra Ordinary General Meeting (EGM)
- Date of Meeting: Monday, 6th July, 2026
- Meeting Time: 2:30 PM to 2:36 PM IST
- Meeting Format: Video Conferencing/Other Audio Visual Means
- Record Date: 29th June, 2026
- Total Shareholders on Record Date: 1,303
- Shareholders Attended Meeting: 26 public shareholders attended through video conferencing
Resolutions Considered and Voting Results
Resolution 1: Special Business
- Description: Appointment of Mr. Arpankumar Patel (DIN: 08792951) as an Independent Director of the Company for a term of five consecutive years
- Resolution Type: Special Resolution
- Promoter Interest: No
- Total Votes Polled: 14,743,500 shares (64.5079% of outstanding shares)
- Votes in Favor: 14,743,500 shares (100% of votes polled)
- Votes Against: 0 shares
- Result: Passed
Resolution 2: Ordinary Business
- Description: Appointment of Secretarial Auditors of the Company
- Resolution Type: Ordinary Resolution
- Promoter Interest: No
- Total Votes Polled: 14,743,500 shares (64.5079% of outstanding shares)
- Votes in Favor: 14,743,500 shares (100% of votes polled)
- Votes Against: 0 shares
- Result: Passed
Category-wise Voting Breakdown
Resolution 1:
- Promoter & Promoter Group: 13,696,000 votes polled (99.4626% of their holding), all in favor
- Public Institutions: 0 votes polled
- Public Non-Institutions: 1,047,500 votes polled (11.5296% of their holding), all in favor
Resolution 2:
- Promoter & Promoter Group: 13,696,000 votes polled (99.4626% of their holding), all in favor
- Public Institutions: 0 votes polled
- Public Non-Institutions: 1,047,500 votes polled (11.5296% of their holding), all in favor
Scrutinizer Report Details
- Scrutinizer: Sunil A Mulchandani, Practicing Company Secretary (Membership No: 36327)
- Appointment Date: Board meeting dated 19th May, 2026
- Report Date: 6th July, 2026
- Remote E-voting Period: Friday, 3rd July, 2026 (9:00 a.m.) to Sunday, 5th July, 2026 (5:00 p.m.)
- Votes Unblocked: 6th July, 2026 at 3:30 p.m. in presence of two witnesses
- Total Members Voted: 28 members through remote e-voting, 0 members during EGM e-voting
- Regulatory Framework: Conducted pursuant to Section 108 of Companies Act, 2013, MCA Circular No. 03/2025 dated 22nd September, 2025, and SEBI Circular dated 3rd October, 2024
Additional Information
- Invalid Votes: None reported across all categories for both resolutions
- Company Secretary: Avani Patel, Company Secretary & Compliance Officer (Membership No: A66815)
- The company is not listed on NSE or MSEI