Outcome of AGM.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IB Infotech Enterprises Limited held its 38th Annual General Meeting on 25th August 2025, but the meeting had to be adjourned because the required quorum was not present, as per Section 103 of the Companies Act, 2013. The adjourned AGM has been rescheduled for the same time and place, i.e. Monday, 1st September 2025 at 11:00 a.m., to be held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Only the business items mentioned in the original AGM notice will be transacted at the reconvened meeting, with no new items added. The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, signed by Director Jasmine Parekh (DIN: 06507112).
This is a procedural update — all AGM business items remain unchanged and will be taken up on 1st September 2025. The adjournment due to lack of quorum may indicate weak shareholder participation, but it is a routine regulatory outcome rather than a fundamental issue affecting the company's operations or financials.