Scrutinizer report for the 10th Annual General Meeting
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Insolation Energy held its 10th AGM on 29th September 2025 via video conferencing, where all 7 resolutions were passed with the required majority. Key items approved include adoption of audited standalone and consolidated financial statements for FY 2024-25, declaration of a final dividend of Rs. 0.10 per equity share (10% on face value of Rs. 1), and re-appointment of two directors — Mrs. Payal Gupta and Mr. Akhilesh Kumar Jain — who retired by rotation. Shareholders also ratified the remuneration of Cost Auditors for FY 2025-26, appointed M/s. Bhawika Ramnani & Co. as Secretarial Auditors, and approved a special resolution authorizing the Board to give loans, guarantees, or security under Section 185 of the Companies Act, 2013. Voting turnout was about 69.55% of total outstanding shares, with all resolutions securing over 99.8% approval from those who voted. Institutional participation in voting was very low at around 4.4% of their holdings.
This is a routine, smoothly-conducted AGM with all resolutions passing easily, indicating no major shareholder dissent. The final dividend of Rs. 0.10 per share is a small return for investors, while the Section 185 loan/guarantee authorization gives the Board broad financial flexibility that shareholders may want to monitor going forward.