Please find attached herewith the Notice of the 41st AGM of the Company scheduled to be held on Thursday, 18th September, 2025 at 01.00 p.m. This is for your information and record.
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Inter State Oil Carrier Limited has notified the 41st AGM to be held on Thursday, 18 September 2025 at 1:00 PM via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The agenda includes adoption of audited financial statements for FY ending 31 March 2025 and re-appointment of Mr. Siddhant Jain as Director (retiring by rotation). Three special business items are proposed: (i) re-appointment of Mr. Sanjay Jain as Managing Director for 3 years (1 Sept 2025 to 31 Aug 2028) with minimum remuneration guarantee, (ii) appointment of Mrs. Parul Khanna as Non-Executive/Non-Independent Director, and (iii) revision in remuneration of Whole-Time Director Mr. Siddhant Jain to add Leave Encashment (1 month basic salary) and Annual Puja Bonus (1 month basic salary plus ₹15,000). The book closure period is from 12 September to 18 September 2025, and e-voting window runs from 15 September (9:00 AM) to 17 September (5:00 PM) with cut-off date of 11 September 2025. Annual Report for FY 2024-25 has been dispatched electronically to shareholders.
This is primarily a routine AGM notice, but shareholders should note the book closure from 12-18 September 2025 means no share transfers during this period. Key items requiring shareholder approval include re-appointment of the Managing Director with a guaranteed minimum remuneration clause, and a modest pay revision for the Whole-Time Director adding a ₹15,000 annual Puja Bonus component. Voting outcomes on these resolutions, especially the MD re-appointment, will be the main governance event to watch.