BSEIndiabulls Enterprises LtdMediumNeutral
Announced Tue, 23 Sept · 19:22 IST

Please find the attached Proceedings and Outcome of 7th Annual General Meeting of the Company.

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indiabulls Enterprises held its 7th AGM on September 23, 2025 via video conferencing, lasting from 2:30 PM to 2:48 PM. Four resolutions were put to vote and all passed with overwhelming support, with voting turnout at about 63.6% of total shares (around 12.62 crore votes polled). The resolutions included adoption of audited financial statements for FY25 (99.9988% in favour), re-appointment of Ms. Sargam Kataria as Non-Executive Director (99.9963% in favour), appointment of Mr. Riyaz Javed Khan as Whole-time Director/Executive Director for five years from July 25, 2025 passed as a special resolution (99.9980% in favour), and appointment of M/s Sukesh & Co. as Secretarial Auditors (99.9980% in favour). Promoters voted 100% in favour on all items, and statutory and secretarial audit reports for FY25 were clean with no adverse observations.

Likely market impact

Routine AGM business completed smoothly with near-unanimous shareholder approval. The reappointment of an existing director and appointment of a new Executive Director, along with auditor ratification, are standard corporate housekeeping items with no material impact on the stock price expected.