Pursuant to Regulation 30 and Regulation 44 of SEBI (LODR) Regulation 2015, please find enclosed, we hereby submit the Scrutinisers Report for the 94th Annual General Meeting of Indianivesh ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IndiaNivesh Limited held its 94th AGM on 30th September 2025 at its registered office in Lower Parel, Mumbai, where all seven resolutions in the notice were approved by shareholders. A total of 120 shareholders participated, casting about 1.29 crore votes, with roughly 96.95% voting in favour on every resolution and about 3.05% dissenting. Routine items included approval of the FY25 audited financial statements, re-appointment of Mr. Dinesh Nuwal as director, and appointment of M/s. Ajay Sobha & Co. as statutory auditor and Jajodia Associates as secretarial auditor. Two independent director appointments (Mr. Jagdish Pareek re-appointment and Ms. Jeny Vinod Kumar Gowadia) were also cleared. The most material item was Special Resolution No. 7, approving the sale of the company's 100% stake in its wholly owned subsidiary, IndiaNivesh Securities Limited.
The outcome is procedurally positive since every resolution passed comfortably, but the real takeaway for shareholders is the approved divestment of IndiaNivesh Securities Limited, which will exit the company's books and could change the consolidated earnings profile going forward. With overwhelming approval (~97% in favour) and no contentious resolutions, no immediate share-price reaction is expected from the voting results themselves.