Meeting Details
The 62nd Annual General Meeting of Ion Exchange (India) Limited was held on Friday, September 11, 2026 at 11:00 A.M. through Video Conferencing/Other Audio Video Means (VC/OAVM).
Attendance and Leadership
Mr. Rajesh Sharma, Executive Chairman of the Company, chaired the Meeting. All Directors and Key Managerial Personnel were present in the Board Room except Mr. Gopalaraman Padmanabhan, who was unable to attend due to unforeseen circumstances.
Ms. Nikisha Solanki, Company Secretary & Compliance Officer, welcomed participants and introduced the Directors and CFO present, including Independent Directors and Promoter Directors.
Shareholder Representation
The Company received requests for authorized representatives under Section 113 of the Companies Act, 2013 from 80 Members collectively holding 2,86,19,100 Equity Shares.
Voting Arrangements
National Securities Depository Limited (NSDL) provided services to facilitate the AGM through VC and webcast on the Zoom Platform. Remote e-voting was available from September 7, 2026 at 09:00 A.M. to September 10, 2026 at 5:00 P.M. Members who hadn't voted remotely could vote electronically during the Meeting.
M/s. V. V. Chakradeo & Co., Practising Company Secretaries, were appointed as Scrutinizer to scrutinize the e-voting process and submit the Scrutinizer's Report.
Auditor Representation
Representatives of Statutory Auditors M/s. Deloitte Haskins & Sells LLP and Secretarial Auditors M/s. GMJ & Associates attended through Video Conferencing. Both audit reports contained no qualifications, observations, or adverse comments.
Shareholder Interaction
Nine Members pre-registered as speakers. Five Members raised queries: Mr. Hiranand Parsram Kotwani, Mr. Yusuf Yunus Rangwala, Mr. Toni Bhatia, Mr. Manoj J. Bagadia, and Mr. Henil M. Bagadia. Queries relating to company performance and affairs were responded to by Mr. Indraneel Dutt, Managing Director & CEO.
Resolutions Passed
The following resolutions were approved with requisite majority:
Ordinary Business:
1. Adoption of Audited Standalone and Consolidated Financial Statements for financial year ended March 31, 2026, and Reports of Board of Directors and Auditors thereon (Ordinary Resolution)
2. Declaration of Dividend on equity shares (Ordinary Resolution)
3. Re-appointment of Mr. Dinesh Sharma (DIN: 00051986) who retired by rotation (Ordinary Resolution)
Special Business:
4. Ratification of Remuneration of Cost Auditors (Ordinary Resolution)
Meeting Conclusion
The meeting concluded at 12:14 p.m. (including time allowed for e-voting at the AGM). The results of voting along with the Scrutinizer's Report will be uploaded on the websites of the Stock Exchanges, the Company's website (www.ionexchangeglobal.com), and NSDL's website.