IREDA: Indian Renewable Energy Development Agency Limited has submitted the Exchange a copy Scrutinizer report along with the voting results of Annual General Meeting held on August 07, 2025
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IREDA submitted the scrutinizer's report and voting results of its 38th AGM held on August 7, 2025 via video conferencing. A total of 9 resolutions were put to vote — 5 ordinary and 4 special — and all were approved by shareholders with the requisite majority. About 75.96% of the total 2,809,231,268 outstanding shares were polled, with the promoter (holding ~2.01 billion shares, i.e., 71.8% stake) voting 100% in favour on every resolution. Key items approved include adoption of FY25 audited financial statements, re-appointment of Dr. Bijay Kumar Mohanty as director, fixation of statutory auditor remuneration, ratification of cost auditor remuneration, appointment of P.C. Jain & Co. as secretarial auditor for 5 years (FY26–FY30), appointment of two independent directors, modification of the borrowing limit under Section 180(1)(c), and creation of mortgage/charge on company assets.
This is a routine post-AGM compliance filing with no surprises — all resolutions sailed through with near-unanimous support, including from public shareholders. The approval of an expanded borrowing limit and charge creation may signal upcoming fundraising or debt activity, which is significant for a renewable energy financing NBFC like IREDA. No material negative signal for shareholders.