Notice of 69th Annual General Meeting.
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IEL Limited has called its 69th AGM for Monday, 29th September 2025 at 4:00 PM IST, to be held via video conferencing. Remote e-voting runs from 26th September (9:00 AM) to 28th September (5:00 PM), with a cut-off date of 22nd September 2025, and share transfer books are closed from 23rd to 29th September 2025. Ordinary business includes adopting FY25 audited standalone financial statements and re-appointing Mr. Arpit Singh (DIN 10645601) as a Non-Executive Director via rotation. Special business includes a proposal to alter the Main Objects Clause of the Memorandum of Association to add power generation and renewable energy activities (wind, solar, hydro, tidal, thermal) along with related equipment and machinery, plus appointment of three new Independent Directors - Ms. Aastha Jain, Ms. Ami Priyank Bhanshali, and Ms. Mokshi Prakashbhai Shah - each for a 5-year term (7th August 2025 to 6th August 2030). The notice also seeks approval to appoint M/s Kunal Sharma & Associates as Secretarial Auditor for five financial years (FY26 to FY30).
The most material item is the proposed expansion of the company's objects to include renewable and conventional power generation, signalling a possible strategic diversification into the energy sector. Three new independent directors being added in a single AGM will materially reshape the board's composition and independence profile.