Infibeam Avenues Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 29, 2025
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Infibeam Avenues Limited submitted the voting results and Scrutinizer's Report for its 15th AGM held on September 29, 2025 via video conferencing. Six resolutions were voted on, including adoption of FY25 financial statements, re-appointment of a retiring director, appointment of secretarial auditors, increase in authorised share capital, sale of the Platform Business Undertaking as a slump sale (special resolution), and a material related party transaction with Rediff.com India Limited. All six resolutions were passed with overwhelming shareholder approval, ranging from 99.77% to nearly 100% votes in favour. The company has 8,50,538 shareholders on record and voting participation was about 57.6% of paid-up equity capital for the financial statements resolution. Promoters were marked as interested in the director re-appointment, slump sale and Rediff related-party transaction resolutions.
This is a routine regulatory disclosure confirming that all AGM resolutions, including the significant Platform Business sale and Rediff related-party deal, have been approved by shareholders. The near-unanimous support reduces execution risk for the slump sale and related-party transaction, but the actual financial impact on the stock will depend on the deal terms and the company's next steps.