Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Iris Clothings Limited
Meeting Details
The 15th Annual General Meeting was held on Monday, 21st September 2026 at 11:00 A.M. through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The cut-off date for determining shareholder voting eligibility was Monday, 14th September 2026.
Proposed Resolutions and Implications
Two ordinary resolutions were presented for shareholder approval:
1. Ordinary Resolution 1: To consider and adopt the audited financial statements of the Company for the financial year ended 31st March 2026 and the reports of the Board of Directors and auditors thereon.
2. Ordinary Resolution 2: To re-appoint Mr. Baldev Das Ladha (DIN: 03585566), who retires by rotation, and being eligible, has offered himself for reappointment.
The promoter/promoter group was not interested in either resolution.
Voting Process and Methods
The voting process utilized multiple methods:
- Remote e-voting: Conducted through Central Depository Services (India) Limited (CDSL) from 18th September 2026 at 9:00 a.m. till 20th September 2026 at 5:00 p.m.
- E-voting during AGM: Available to members who attended through VC/OAVM and did not cast votes through remote e-voting
- Physical proxy voting: Not available as the AGM was held through Video Conferencing/Other Audio-Visual Means
Key Voting Outcomes
Overall Participation
- Total number of shareholders on record date: 10,666
- Shareholders attending meeting through Video Conferencing: 47 (6 Promoter & Promoter group, 41 Public)
- Shareholders casting votes through remote e-voting: 70
- Shareholders casting votes during AGM: 2
- Total shareholders participating in voting: 72
Resolution 1 - Adoption of Financial Statements
Total Votes Cast: 17,037,007 (8.95% of outstanding shares)
- Votes in Favor: 17,036,843 (100.00% of votes polled)
- Votes Against: 164 (0.00% of votes polled)
Category-wise Breakdown:
- Promoter & Promoter Group: 13,164,590 votes (100.00% in favor, 0.00% against)
- Public - Institutional Holders: 0 votes
- Public - Non-Institutional: 3,872,417 votes (3,872,253 in favor, 164 against)
Resolution 2 - Reappointment of Director
Total Votes Cast: 17,037,007 (8.95% of outstanding shares)
- Votes in Favor: 13,169,670 (77.30% of votes polled)
- Votes Against: 3,867,337 (22.70% of votes polled)
Category-wise Breakdown:
- Promoter & Promoter Group: 13,164,590 votes (100.00% in favor, 0.00% against)
- Public - Institutional Holders: 0 votes
- Public - Non-Institutional: 3,872,407 votes (5,080 in favor, 3,867,337 against)
Scrutinizer's Role and Findings
Pooja Bachhawat, Practicing Company Secretary (ACS: 52835, CP: 28111), was appointed as scrutinizer to ensure a fair and transparent voting process. Her responsibilities included:
- Scrutinizing votes cast by remote e-voting and e-voting during AGM
- Having access to details of members who voted remotely (names, folios, share quantities) before AGM commencement
- Unblocking votes after AGM completion in presence of two independent witnesses
- Downloading and verifying voting results
The scrutinizer confirmed that both ordinary resolutions were passed with requisite majority.
Compliance with Regulations
The company confirmed compliance with:
- Companies Act, 2013
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA and SEBI Circulars
- Notice and annual report dispatched electronically to members with registered email addresses
- Web-link provided to members without registered email addresses
- Advertisement published in Business Standard (English) and Aajkal (Bengali) on 29th August 2026
Additional Information
- Company CIN: L18100WB2011PLC166895
- Total outstanding shares: 190,331,470
- Promoter & Promoter group shares: 116,430,840
- Public - Institutional holders shares: 1,405,035
- Public - Non-Institution shares: 72,495,595