Meeting Details

  • Meeting Type: 50th Annual General Meeting (AGM)
  • Date: Thursday, 24th September, 2026
  • Time: 12:30 PM to approximately 01:41 PM
  • Mode: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Cut-Off Date: Thursday, 17th September, 2026 (for shareholder eligibility)

Proposed Resolutions and Outcomes

All nine resolutions were passed with requisite majority:

Ordinary Business

Resolution 1: To receive, consider and adopt Audited Standalone Financial Statements for FY ended 31st March, 2026 with Boards' Report, Auditors' Report and C&AG comments

  • Total Valid Votes: 654,389,224 (69.5777% of outstanding shares)
  • Votes in Favor: 652,363,174 (99.6904%)
  • Votes Against: 2,026,050 (0.3096%)

Resolution 2: To receive, consider and adopt Audited Consolidated Financial Statements for FY ended 31st March, 2026 with Auditors' Report and C&AG comments

  • Total Valid Votes: 654,388,249 (69.5776% of outstanding shares)
  • Votes in Favor: 652,362,184 (99.6904%)
  • Votes Against: 2,026,065 (0.3096%)

Resolution 3: To confirm payment of Interim Dividend of ₹1.20 per share (60% of paid-up capital amounting to ₹112.86 Crore) and declare Final Dividend of ₹0.70 per share (35% of paid-up capital amounting to ₹65.84 Crore) for FY 2025-26

  • Total Valid Votes: 654,492,077 (69.5886% of outstanding shares)
  • Votes in Favor: 652,576,136 (99.7073%)
  • Votes Against: 1,915,941 (0.2927%)

Resolution 4: To appoint Director in place of Smt. Ragini Advani, Director (Finance) (DIN: 09575213) who retires by rotation

  • Total Valid Votes: 654,491,661 (69.5886% of outstanding shares)
  • Votes in Favor: 620,582,484 (94.8190%)
  • Votes Against: 33,909,177 (5.1810%)

Resolution 5: To authorize Board to fix remuneration of Statutory Auditors for FY 2026-27

  • Total Valid Votes: 654,491,611 (69.5886% of outstanding shares)
  • Votes in Favor: 654,481,856 (99.9985%)
  • Votes Against: 9,755 (0.0015%)

Special Business

Resolution 6: To appoint Shri Rajesh Naik [DIN: 11543707] as Director (Projects), liable to retire by rotation

  • Total Valid Votes: 654,491,436 (69.5886% of outstanding shares)
  • Votes in Favor: 630,622,134 (96.3530%)
  • Votes Against: 23,869,302 (3.6470%)

Resolution 7: To appoint Shri Saleem Ahmad [DIN: 10119432] as Chairman & Managing Director, liable to retire by rotation

  • Total Valid Votes: 654,491,661 (69.5886% of outstanding shares)
  • Votes in Favor: 647,726,350 (98.9663%)
  • Votes Against: 6,765,311 (1.0337%)

Resolution 8: To ratify remuneration of Cost Auditors for FY 2026-27

  • Total Valid Votes: 654,491,946 (69.5886% of outstanding shares)
  • Votes in Favor: 654,481,170 (99.9984%)
  • Votes Against: 10,776 (0.0016%)

Resolution 9: Special Resolution to appoint Smt. Suman Bala (DIN: 11894015) as Independent (Part-time Non-Official) Director, not liable to retire by rotation

  • Total Valid Votes: 654,491,686 (69.5886% of outstanding shares)
  • Votes in Favor: 632,414,380 (96.6268%)
  • Votes Against: 22,077,306 (3.3732%)

Voting Process and Methods

The Company provided remote e-voting facility through National Securities Depository Limited (NSDL):

  • Remote e-voting period: Monday, 21st September, 2026 at 09:00 AM to Wednesday, 23rd September, 2026 at 5:00 PM
  • E-voting at AGM: Facility provided to shareholders attending via VC/OAVM who couldn't participate in remote e-voting
  • Total shares outstanding: 940,515,740
  • Total participation: 69.58% of outstanding shares voted across all resolutions

Shareholder Category Breakdown

Detailed category-wise voting data provided for each resolution:

  • Promoter and Promoter Group: 612,928,392 shares (100% participation across resolutions)
  • Public Institutions: 60,812,960 shares (67.04-67.22% participation)
  • Public Non-Institutions: 266,774,388 shares (0.2578-0.2583% participation)

Scrutinizer Details

  • Name: Sachin Agarwal
  • Firm: Agarwal S. & Associates, Company Secretaries
  • Qualifications: CS, Membership Number F5774
  • Appointment Date: 12th August, 2026 by Board of Directors
  • Report Date: 24th September, 2026

The scrutinizer verified votes in a fair and transparent manner based on data downloaded from NSDL in presence of independent witnesses. All records were handed over to the Chairman/Company Secretary for safe keeping.

Compliance Confirmation

The document confirms compliance with:

  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • SEBI (LODR) Regulations, 2015
  • MCA and SEBI circulars

Additional Information

  • NSE Symbol: IRCON
  • MSEI Symbol: NOTLISTED
  • No invalid votes were recorded across any shareholder category
  • 1 promoter and 81 public shareholders attended the meeting through video conferencing