Disclosure Context

Industrial And Prudential Investment Co. Ltd (BSE Code: 501298) submitted voting results and consolidated scrutinizer's report for its 110th Annual General Meeting held on August 20, 2026. The submission was made to BSE Limited pursuant to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The 110th AGM was held on Thursday, August 20, 2026 at 11:30 a.m. through video conferencing/other audio visual means (VC/OAVM). The deemed venue was the Registered Office of the Company at Paharpur House, 8/1/B Diamond Harbour Road, Kolkata 700027. The facility of VC/OAVM was provided by InstaVote, an arm of MUFG Intime India Private Limited, the Company's Registrar and Transfer Agent.

Scrutinizer Appointment

Mayur Mehta PCS was appointed as Scrutinizer by the Board of Directors at its meeting held on May 22, 2026, in accordance with Rule 20 of the Companies (Management & Administration) Rules, 2014. His appointment followed the resolution passed by members at the 109th AGM held on August 29, 2025, for a period of five years from April 1, 2025 to March 31, 2030.

Shareholding and Voting Rights

As of the cut-off date August 12, 2026:

  • Total members: 2,508 (2,296 Demat, 212 Physical)
  • Total shares: 1,675,840 (1,631,902 Demat, 43,938 Physical)
  • Unclaimed suspense securities with frozen voting rights: 38,142 shares
  • Shares under IEPF with frozen voting rights: 3,140 shares
  • Voting rights: 1 vote per share

Resolutions Considered

Four resolutions were put to vote:

1. Adoption of Audited Standalone and Consolidated Financial Statements for FY2025-26 with Board and Auditor Reports

2. Declaration of dividend

3. Re-appointment of Mr. Varun Swarup (DIN: 02435858) as director retiring by rotation

4. Continuation of Mr. Gaurav Swarup (DIN: 00374298) as Chairman & Managing Director upon attaining 70 years during his term up to January 31, 2027

Voting Process Details

  • Remote e-voting period: August 17-19, 2026
  • Event number: 260418
  • 23 members were present at the deemed venue, but 0 members voted at the venue
  • 33 members voted by remote e-voting
  • Members present at deemed venue who had already voted remotely did not vote again
  • Data was unblocked at 12:20 p.m., 15 minutes after conclusion of AGM at 12:05 p.m.

Voting Results

All resolutions were passed with requisite majority:

Resolution 1 (Ordinary Resolution - Adoption of Financial Statements):

  • Total votes cast: 1,143,445 (all remote e-voting)
  • Votes in favor: 1,143,442 (99.99974%)
  • Votes against: 3 (0.00026%)
  • 32 members voted in favor, 1 member voted against

Resolution 2 (Ordinary Resolution - Dividend Declaration):

  • Total votes cast: 1,143,445 (all remote e-voting)
  • Votes in favor: 1,143,442 (99.99974%)
  • Votes against: 3 (0.00026%)
  • 32 members voted in favor, 1 member voted against

Resolution 3 (Ordinary Resolution - Re-appointment of Director):

  • Total votes cast: 1,143,445 (all remote e-voting)
  • Votes in favor: 1,143,442 (99.99974%)
  • Votes against: 3 (0.00026%)
  • 32 members voted in favor, 1 member voted against

Resolution 4 (Special Resolution - Continuation of CMD):

  • Total votes cast: 1,143,445 (all remote e-voting)
  • Votes in favor: 1,143,442 (99.99974%)
  • Votes against: 3 (0.00026%)
  • 32 members voted in favor, 1 member voted against

Shareholder Category Breakdown

Overall voter participation: 68.2312% of outstanding shares (1,143,445 votes out of 1,675,840 shares)

Promoter and Promoter Group:

  • Shares held: 1,142,346
  • Votes polled: 1,142,346 (100% participation)
  • 100% votes in favor on all resolutions

Public Institutions:

  • Shares held: 10,768
  • Votes polled: 0 (0% participation)

Public Non-Institutions:

  • Shares held: 522,726
  • Votes polled: 1,099 (0.2102% participation)
  • Votes in favor: 1,096 (99.7270%)
  • Votes against: 3 (0.2730%)

Compliance and Records

The scrutinizer confirmed the voting process was conducted in a fair and transparent manner. Relevant records relating to the voting process will remain in the scrutinizer's custody until the Chairman or authorized director or Company Secretary approves and signs the minutes. The Company is required to declare the result at the registered office, upload on websites of BSE, Company and RTA, and advertise in newspaper.

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