Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IEC Education Limited held its 31st AGM on September 29, 2025 via video conferencing, lasting from 10:00 AM to 10:28 AM. Three ordinary resolutions were proposed: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, (2) reappointment of Mr. Hemang Gopal Bhatt as a director retiring by rotation, and (3) appointment of M/s Preksha Dawet & Associates as Secretarial Auditor. The CEO briefed shareholders on the company's journey, education industry trends, and growth plans. Notably, the Statutory Auditor's Report was qualified, and in compliance with Section 142 of the Companies Act, 2013, the auditor's qualifications and management's response were read out at the meeting. E-voting was open for 15 minutes post the meeting.
The qualified statutory audit report is a point of concern that shareholders should watch closely when voting results and the scrutiniser's report are published. The other resolutions are largely routine, but the qualified opinion may weigh on investor sentiment.