IVRCL Limited has informed the Exchange regarding 'Voting Results - Scrutinizer Report'.
Awaiting price reaction for this filing.
IVRCL Limited has filed the consolidated scrutinizer's report for voting at its 38th AGM held on 31st December 2025 via video conferencing. All three ordinary resolutions were passed by shareholders. The first resolution to adopt the audited financial statements (standalone and consolidated) for FY ended 31st March 2025 was approved with 91.44% votes in favor (around 5.70 crore shares), with 8.56% voted against. The second resolution to ratify the Cost Auditor's remuneration passed with 99.91% support, and the third resolution to appoint auditors for branch offices passed with 99.75% support. Importantly, the scrutinizer was appointed by Mr. Purusottam Behera, the Liquidator of IVRCL Limited, indicating the company is currently under liquidation proceedings.
This is a routine compliance filing under SEBI listing regulations, but the presence of a Liquidator confirms IVRCL remains under corporate insolvency/liquidation. The relatively higher dissent (8.56%) on the FY25 audited financials compared to the other two resolutions is notable, though all resolutions passed comfortably. Shareholders should be aware that the company is in liquidation and these AGM outcomes are procedural steps overseen by the Liquidator rather than typical corporate governance events.