Indian Railway Finance Corporation Limited (IRFC) submitted a regulatory disclosure declaring the voting results of its 39th Annual General Meeting (AGM) held on 25th August 2026 through Video Conferencing/Other Audio-Visual Means (VC/OAVM).

The AGM commenced at 03:30 PM IST and concluded at 04:49 PM IST. An additional e-voting period of 15 minutes was provided to members who had not cast their votes on the resolutions mentioned in the AGM Notice after the conclusion of the meeting.

Ms. Parul Jain, Managing Partner of M/s. VAP & Associates, Company Secretaries, Ghaziabad, was appointed as the Scrutinizer to scrutinize the votes cast by shareholders through remote e-voting and venue voting. The Scrutinizer submitted a Consolidated Scrutinizer Report dated 25th August 2026.

The company engaged National Securities Depository Limited (NSDL) for providing remote e-voting and e-voting services at the AGM. The remote e-voting period commenced on Saturday, 22nd August 2026 at 9:00 AM IST and ended on Monday, 24th August 2026 at 5:00 PM IST.

Voting Results Details

Total Shareholders as on Record Date (18th August 2026): 5,202,144

Attendance through VC/OAVM: 134 shareholders

  • Promoters and Promoters Group: 1 shareholder
  • Public: 133 shareholders

Resolution-wise Voting Results:

Item No. 1: Ordinary Business

To receive, consider, approve and adopt the audited financial statements for FY ended 31st March 2026, along with Reports of Board of Directors, Auditors, and CAG comments.

  • Result: Passed with requisite majority
  • Total Votes Polled: 11,485,409,846 shares (87.8862% of outstanding shares)
  • Votes in Favor: 11,467,838,002 shares (99.8470% of votes polled)
  • Votes Against: 17,571,844 shares (0.1530% of votes polled)

Item No. 2: Ordinary Business

Confirmation of payment of 1st and 2nd interim dividend paid during FY 2025-26.

  • Result: Passed with requisite majority
  • Total Votes Polled: 11,485,487,446 shares (87.8868% of outstanding shares)
  • Votes in Favor: 11,485,452,664 shares (99.9997% of votes polled)
  • Votes Against: 34,782 shares (0.0003% of votes polled)

Item No. 3: Ordinary Business

Re-appointment of Ms. Laya Madduri (DIN: 11704330) as a Nominee Director.

  • Result: Passed with requisite majority
  • Total Votes Polled: 11,485,479,400 shares (87.8867% of outstanding shares)
  • Votes in Favor: 11,325,188,521 shares (98.6044% of votes polled)
  • Votes Against: 160,290,879 shares (1.3956% of votes polled)

Item No. 4: Special Business

Appointment of Dr. Ranjay Choudhary (DIN: 11796981) as Director (Finance) on the Board.

  • Result: Passed with requisite majority
  • Total Votes Polled: 11,485,486,636 shares (87.8868% of outstanding shares)
  • Votes in Favor: 11,357,207,544 shares (98.8831% of votes polled)
  • Votes Against: 128,279,092 shares (1.1169% of votes polled)

Category-wise Voting Breakdown

The detailed voting pattern showed unanimous support from Promoter and Promoter Group shareholders (100% in favor) for all resolutions. Public shareholders showed minor opposition, particularly on director appointments:

  • Institutional holders: 19.73% against Dr. Ranjay Choudhary's appointment
  • Institutional holders: 24.64% against Ms. Laya Madduri's re-appointment
  • Non-institutional holders: 4.62% against Dr. Ranjay Choudhary's appointment
  • Non-institutional holders: 8.44% against Ms. Laya Madduri's re-appointment

Enclosures

  • Consolidated Scrutinizer's Report dated 25th August 2026
  • Detailed voting results in prescribed format as per Regulation 44(3) of SEBI (LODR) Regulations, 2015