Notice of 31st Annual General Meeting of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indergiri Finance Limited has called its 31st AGM for Tuesday, 30th September 2025 at 12:30 PM via video conferencing. Ordinary business includes adopting the FY25 audited financial statements and re-appointing Executive Director Mr. Mohit Agarwal (DIN: 08774184), who retires by rotation and holds 10,07,259 shares in the company. Special business seeks shareholder approval to formally appoint Mr. Ashok Kumar Agarwal (DIN: 10820145, age 66, 31+ years in BFSI and IT Risk Advisory) as Independent Director for a 5-year term effective 7th November 2024. The financial figures buried in the notice reveal that while total income nearly tripled to Rs 23.64 lakh from Rs 8.07 lakh, expenses grew even faster to Rs 4.45 crore, pushing the loss after tax to Rs 1.57 crore in FY25 versus Rs 64.71 lakh in FY24. Remote e-voting window is 27-29 September 2025 with a cut-off date of 23rd September 2025.
Investors should flag the widening losses disclosed in the AGM notice — net loss has more than doubled year-on-year even as income grew, suggesting margin pressure or rising costs. The two board resolutions (routine executive director re-appointment and a new independent director) are governance-related and unlikely to move the share price on their own. Shareholders who wish to vote electronically must ensure their holdings are recorded by 23rd September 2025.