Outcome of the AGM for the FY 2024-25 held on 26.08.2025
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Iconik Sports And Events Ltd held its Annual General Meeting for FY 2024-25 on 26 August 2025 via video conferencing. The meeting lasted just 8 minutes (3:00 PM to 3:08 PM). Six resolutions were put to vote, including adoption of audited financial statements, re-appointment of Managing Director Kannan Krishnan Naiker, appointment of secretarial auditors, and appointment of one non-executive director and two independent directors. All six resolutions were passed with 100% approval — 40,48,620 votes in favour and zero against. However, voting turnout was low at about 12% of outstanding shares, with public institutions not participating at all.
Routine AGM outcome with full approval of all resolutions, so no negative impact expected. The extremely short 8-minute meeting and very low public voting turnout (only ~12% polled) reflect limited shareholder engagement, but does not affect governance since all items passed unanimously with promoter support.