Summary of Proceedings

The AGM was held on Wednesday, 2nd September 2026 at 11:30 A.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The Registered Office of the Company was deemed to be the venue. The meeting was conducted in accordance with provisions of the Companies Act, 2013 and relevant circulars from the Ministry of Corporate Affairs (MCA) and SEBI.

Attendance and Quorum: A total of 92 Members attended the AGM through VC/OAVM. The requisite quorum was present at the commencement and remained present throughout the meeting.

Voting Details: The cut-off date for determining eligibility to vote was 26th August 2026. Remote e-voting was conducted through the CDSL platform and was available from 9:00 A.M. on 30th August 2026 to 5:00 P.M. on 1st September 2026. Members who had not voted remotely could cast votes electronically during the AGM and for a period of 15 minutes after its conclusion. Mr. Vinay Kohli, Partner of M/s. K.K. Kapoor & Associates, Chartered Accountants, was appointed as the Scrutinizer to scrutinize the entire e-voting process.

Resolutions: The following three ordinary resolutions, as set out in the AGM notice, were proposed and subsequently passed with the requisite majority based on the Scrutinizer's Report:

  • Resolution 1: To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended 31st March 2026 together with Reports of the Board of Directors and Auditors thereon.
  • Resolution 2: To appoint a director in place of Mr. Kushal Kumar Rana, who retires by rotation and, being eligible, offered himself for re-appointment.
  • Resolution 3: To ratify the remuneration of the Cost Auditor for the financial year ending 31st March 2027.

Key Addresses and Reports:

  • Mr. Abhay Raj Singh, Senior Vice President & Company Secretary, welcomed the attendees and confirmed the quorum.
  • Mr. Rajender Mohan Malla, Chairman of the Board, chaired the meeting and delivered a speech covering the Company's performance for the financial year ended 31st March 2026.
  • The Chairman confirmed that the reports from the Statutory Auditors (M/s. Ashwani & Associates) and the Secretarial Auditors (M/s. B.K. Gupta & Associates) contained no qualifications, observations, or comments on financial transactions or matters that could have an adverse effect on the Company.
  • The statutory registers and relevant documents were available for electronic inspection upon request sent to investor@iolcp.com.

Member Interaction: Members were provided an opportunity to register as speakers and submit queries. The queries raised during the AGM were addressed by Mr. Pardeep Kumar Khanna, Chief Financial Officer, and Mr. Abhay Raj Singh, Senior Vice President & Company Secretary.

Conclusion and Next Steps: The AGM concluded at 12:23 P.M. The detailed voting results, pursuant to Regulation 44(3) of the SEBI LODR Regulations, along with the Scrutinizer's Report, are being submitted separately to the Stock Exchanges. The results will also be made available on the CDSL website and the Company's website.