Voting Results and Scrutinizer Report of 10th Annual General Meeting (AGM) of the Company
INA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Insolation Energy held its 10th AGM on 29th September 2025 via video conferencing, where all seven resolutions were passed with requisite majority. Shareholders adopted the audited standalone and consolidated financial statements for FY25 with 100% approval. A final dividend of Rs. 0.10 per equity share (10% on face value of Rs. 1) for FY 2024-25 was declared with 99.89% approval. Two directors — Mrs. Payal Gupta and Mr. Akhilesh Kumar Jain — were re-appointed via retirement by rotation, each getting over 99.97% support. M/s. Bhawika Ramnani & Co. was appointed as Secretarial Auditor and Cost Auditor remuneration for FY26 was ratified, both with 100% approval. A special resolution authorising the Board to provide loans/guarantees under Section 185 of the Companies Act was also passed with 99.97% support. About 69.55% of outstanding shares were polled.
Routine procedural filing — all routine AGM items including a modest Rs. 0.10 per share dividend were approved by shareholders with overwhelming support, indicating strong management credibility. The Section 185 authorisation gives the Board flexibility to extend loans or guarantees going forward, which investors should monitor for related-party transactions.