IL&FS Engineering and Construction Company Limited has submitted the Exchange a copy of Srutinizers report of Annual General Meeting held on August 21, 2025 along with a copy of minutes.
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IL&FS Engineering and Construction Company Limited held its 36th Annual General Meeting on August 21, 2025 via video conferencing. All three ordinary resolutions were passed with overwhelming majority — adoption of FY25 audited financial statements, reappointment of Mr. Nand Kishore (DIN: 08267502) as Director (retiring by rotation), and appointment of M/s MAKS & Co. as Secretarial Auditors. Each resolution received 99.999% votes in favour, with just 425, 603 and 385 votes against respectively. Out of 27,985 shareholders on the record date, only 144 members participated in voting, representing 42.44% of the paid-up share capital of Rs. 131.12 crore (13.11 crore equity shares). The voting was conducted through NSDL's remote e-voting and e-voting during the AGM, scrutinised by Sabyasachi Panigrahi of S PANIGRAHI & ASSOCIATES.
This is a routine regulatory compliance filing disclosing that all AGM resolutions passed comfortably. No material strategic decision was taken — financial statements were approved, a retiring director was reappointed, and a secretarial auditor was appointed. Shareholders should note the very low voting turnout (only 42.44% of shares polled), which is typical for companies with a dominant promoter group. No immediate impact on stock price is expected from this disclosure.