We hereby submit, voting results of 94th Annual General Meeting of Indianivesh Limited, held on Tuesday, 30th September 2025.
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IndiaNivesh Limited held its 94th AGM on 30 September 2025, where all 7 resolutions were passed by shareholders. Key items approved include the FY25 audited standalone and consolidated financial statements, re-appointment of Mr. Dinesh Nuwal as a director retiring by rotation, appointment of M/s. Ajay Sobha & Co. as Statutory Auditor and Jajodia Associates as Secretarial Auditor. Shareholders also cleared the re-appointment of Mr. Jagdish Pareek and appointment of Ms. Jeny Vinod Kumar Gowadia as Independent Directors. The most significant resolution was the approval for the sale of the company's 100% equity stake in its wholly owned subsidiary, IndiaNivesh Securities Limited. Voting turnout was around 34.3% of total shares, with roughly 97% of votes cast in favour across all resolutions and about 3% against.
Routine resolutions on accounts and director appointments are procedural, but the approved sale of IndiaNivesh Securities Limited is a material strategic move that signals restructuring of the company's business portfolio. Investors should look out for follow-up disclosures on the deal value, buyer identity and timeline, as this could materially affect the company's future earnings profile.