Meeting Details

The 38th Annual General Meeting was held on Wednesday, September 02, 2026, through Video Conferencing ('VC')/Other Audio Visual Means ('OAVM'). The meeting commenced at 12:00 Noon and concluded at 12:30 P.M. (IST). The deemed venue was the Registered Office of the Company at 15/5, Mathura Road, Faridabad - 121003 (HR).

Attendees Present

Directors and Key Managerial Personnel:

  • Mr. Parveen Kaushik - Chairman and Whole-time Director
  • Mr. Kamal Sachdeva - Director
  • Mr. Sumit Raj - Independent Director & Chairman of the Audit Committee, Nomination and Remuneration Committee & Stakeholders' Relationship Committee
  • Ms. Moni Singh - Independent Director
  • Ms. Chakshoo Mehta - Company Secretary & Compliance Officer (KMP)
  • Mr. Donald Fernandez - Chief Financial Officer (KMP)

Invitee:

  • Mr. Gaurav Yadav - Proposed Independent Director

Other Participants:

Authorized representatives of Statutory Auditors and Secretarial Auditors were also present.

Meeting Proceedings

Mr. Parveen Kaushik, Chairman and Whole-time Director, welcomed shareholders and introduced all Directors, Key Managerial Personnel, and invitees. He confirmed that requisite quorum was present and called the meeting to order.

Mr. Kaushik informed that Statutory Registers and other required documents were available for electronic inspection by Members during the Meeting.

Ms. Chakshoo Mehta, Company Secretary, briefed members about the procedure and statutory requirements pertaining to the AGM.

The AGM Notice and Annual Report were taken as read since they had already been circulated to all shareholders.

Registered 'Speakers' among shareholders were provided opportunity to express views and/or ask queries about the Company and agenda items. All queries were adequately responded to by the Chairman.

Business Transacted

Ordinary Business:

1. To receive, consider and adopt the audited financial statement of the Company for the financial year ended March 31, 2026, the reports of the Board of Directors and Auditors thereon. (Ordinary Resolution)

2. To appoint Mr. Parveen Kaushik (DIN: 11205276), who retires by rotation as a Director. (Ordinary Resolution)

Special Business:

3. To appoint Mr. Gaurav Yadav (DIN: 10505539), as an Independent Director. (Special Resolution)

Voting Arrangements

The Chairman informed that members who had not cast their vote through remote e-Voting could cast their vote through e-Voting facility provided by Central Depository Services (India) Limited ('CDSL'). The e-voting window remained open for 15 minutes post conclusion of the AGM.

M/s. SMD & Co., Practicing Company Secretaries, were appointed as Scrutinizer to scrutinize the voting through electronic means (remote e-Voting and voting during the meeting).

Conclusion and Next Steps

The meeting concluded at 12:30 PM (IST). Voting Results along with the Scrutinizer's Report will be announced and submitted to Stock Exchanges within two working days from conclusion of AGM. The results will simultaneously be placed on the company website (www.ibcl.ltd) and the website of CDSL.