E- Voting results and Scrutinizer''s Report of 75th AGM of the Company
Awaiting price reaction for this filing.
India Radiators Limited held its 75th Annual General Meeting on 24th September 2025 via video conferencing, which lasted only 9 minutes (2:30 PM to 2:39 PM). All 5 resolutions were passed with 100% votes in favour, including adoption of FY25 financial statements, re-appointment of Mr. E.N. Rangaswami as Director, appointment of Secretarial Auditors, continuation of Mr. Rangaswami as Whole Time Director past age 70 (Special Resolution), and approval of material related party transactions. Out of 900,000 total shares, only 400,384 shares (44.49%) were polled on resolutions 1-4, while only 51,762 shares (5.75%) were polled on the related party transaction resolution after excluding promoter votes as per SEBI norms. Out of 4,521 total shareholders on record date, only 23 attended the AGM via video conferencing (1 promoter and 22 public). M/s KRA & Associates served as the Scrutinizer for the e-voting process.
All resolutions passed unanimously, indicating smooth governance with no shareholder dissent. The very low voting turnout (44.49% for most resolutions and just 5.75% for related party transactions) and the 9-minute meeting duration reflect limited shareholder participation and engagement. Mr. E.N. Rangaswami continues as Whole Time Director even after turning 70, providing leadership continuity.