Meeting Details

The 79th Annual General Meeting was held on Thursday, 17th September 2026 at 10:30 a.m. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) only. The cut-off date for determining members entitled to vote was Thursday, 10th September 2026.

Voting Process and Methods

The remote e-voting period remained open from Sunday, 13th September 2026 at 9:00 A.M. (IST) till Wednesday, 16th September 2026 at 05:00 P.M. (IST). Voting was conducted through MUFG Intime India Private Limited (formerly Link Intime India Private Limited) at https://instavote.linkintime.co.in. Votes were unblocked at 12:00 NOON IST on 17th September 2026 in the presence of two witnesses, Miss Rohina Memon and Miss Lawanya Adhikari, who are not in the employment of the Company.

Key Voting Outcomes

Total Participation

142 members cast their votes by remote e-voting and 20 members voted during the meeting.

Resolution-wise Results

Item No. 1 (Ordinary Resolution) - To adopt Audited Standalone Financial Statements for FY 2025-2026:

  • Votes in favour: 74,970,513 (100%)
  • Votes against: 154 (0.01%)
  • Total votes: 74,970,667

Item No. 2 (Ordinary Resolution) - To adopt Audited Consolidated Financial Statements for FY 2025-2026:

  • Votes in favour: 74,970,513 (100%)
  • Votes against: 154 (0%)
  • Total votes: 74,970,667

Item No. 3 (Ordinary Resolution) - To declare final dividend of ₹0.20 per equity share for FY 2025-2026:

  • Votes in favour: 74,976,489 (100%)
  • Votes against: 1,204 (0%)
  • Total votes: 74,977,693

Item No. 4 (Ordinary Resolution) - To reappoint Ms. Aditi Panandikar (DIN: 00179113) as Director:

  • Votes in favour: 74,974,333 (100%)
  • Votes against: 3,360 (0%)
  • Total votes: 74,977,693

Item No. 5 (Ordinary Resolution) - To ratify remuneration of Cost Auditors for FY 2026-2027:

  • Votes in favour: 74,977,539 (100%)
  • Votes against: 154 (0%)
  • Total votes: 74,977,693

Item No. 6 (Special Resolution) - To reappoint Ms. Aditi Panandikar as Managing Director:

  • Votes in favour: 64,279,560 (85.73%)
  • Votes against: 10,698,133 (14.27%)
  • Total votes: 74,977,693

Item No. 7 (Special Resolution) - Continuation of Dr. (Ms.) Vasudha V Kamat (DIN: 07500096) as Non-Executive Independent Director:

  • Votes in favour: 70,758,323 (94.24%)
  • Votes against: 4,219,370 (5.76%)
  • Total votes: 74,977,693

Item No. 8 (Special Resolution) - To approve increase in borrowing limits under Section 180(1)(c):

  • Votes in favour: 74,951,430 (99.96%)
  • Votes against: 26,263 (0.04%)
  • Total votes: 74,977,693

Item No. 9 (Special Resolution) - To approve creation of mortgage/charge on assets under Section 180(1)(a):

  • Votes in favour: 74,554,443 (99.44%)
  • Votes against: 423,250 (0.56%)
  • Total votes: 74,977,693

Scrutinizer's Role and Findings

CS Ajit Sathe, Practicing Company Secretary, was appointed as Scrutinizer to scrutinize the voting process. The scrutinizer confirmed that all votes were properly counted and reported. Invalid votes and abstentions were not taken into account for percentage calculations. The scrutinizer's report confirms compliance with Section 108 of the Companies Act, 2013 and Rule 20 & 21 of the Companies (Management and Administration) Rules, 2014.

Compliance Confirmation

The document confirms compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Companies Act, 2013. The voting results and scrutinizer's report were uploaded on the Company's website www.indoco.com and on the website of MUFG Intime India Private Limited.