IZMO Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on Jun 25, 2025. Further, the company has informed the Exchange regarding voting results.
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IZMO Limited has submitted the voting results and Scrutinizer's Report for its Extraordinary General Meeting (EGM) held on June 25, 2025. Two special businesses were put to vote. Resolution 1 was the re-appointment of Mr. Sanjay Soni (DIN: 00609097) as Managing Director from April 1, 2025 to September 30, 2027, which was approved with 99.99% votes in favour (65 members, 4,73,784 votes) and just 0.01% against (40 votes). Note: 52,05,244 votes from 3 promoter group members were treated as invalid since they are interested parties. Resolution 2 was an amendment to the Employee Stock Option Plan (ESOP) 2013, approved with 99.78% votes in favour (73 members, 56,66,330 votes) and 0.22% against (12,613 votes). Both resolutions passed with the requisite majority.
Both resolutions — the re-appointment of the Managing Director and the ESOP plan amendment — were approved by shareholders with overwhelming support (over 99% in favour), signalling strong shareholder confidence in the management and likely little controversy over stock-based compensation changes.