Please find the attached Proceedings and Outcome of 7th Annual General Meeting of the Company.
Awaiting price reaction for this filing.
Indiabulls Enterprises Limited held its 7th Annual General Meeting on September 23, 2025 via video conferencing, lasting about 18 minutes (2:30 PM to 2:48 PM). All four resolutions were passed with overwhelming majority, each receiving over 99.99% votes in favour. The resolutions included: (1) adoption of audited standalone and consolidated financial statements for FY25, (2) re-appointment of Ms. Sargam Kataria as Non-Executive Director liable to retire by rotation, (3) special resolution approving the appointment of Mr. Riyaz Javed Khan as Whole-time Director for five years effective July 25, 2025, and (4) appointment of M/s Sukesh & Co. as Secretarial Auditors. Total voting participation was around 63.6% of outstanding shares (~12.62 crore votes polled out of ~19.83 crore shares). Statutory and Secretarial Auditors' reports for FY25 were unqualified with no adverse observations. Promoter group (7.20 crore shares) and institutional shareholders voted 100% in favour of all resolutions.
This was a routine AGM with all resolutions passing comfortably, indicating strong shareholder confidence and no governance concerns. The results are unlikely to have any material impact on the stock price, as the re-appointment of directors and ratification of accounts were largely procedural. No dividends, fundraising, or strategic decisions were announced.