Scrutinizers Report
Awaiting price reaction for this filing.
IVRCL Limited held its 38th Annual General Meeting on 31st December 2025 via video conferencing, with voting conducted through NSDL's e-voting platform. Three ordinary resolutions were passed: (1) Adoption of Audited Standalone and Consolidated Financial Statements for FY ending 31st March 2025 was approved with 91.44% votes in favour (5.70 crore shares) and 8.56% against; (2) Ratification of Cost Auditor remuneration passed with 99.91% in favour; (3) Appointment of Branch Office Auditors passed with 99.75% in favour. The company is under liquidation, with Mr. Purusottam Behera acting as Liquidator, and the meeting was overseen by scrutinizer CS Mohit Kumar Goyal of D. Hanumanta Raju & Co.
All resolutions were passed by shareholders, confirming routine AGM compliance during the company's ongoing liquidation process. The 8.56% dissent on the financial statements adoption is notable and may reflect shareholder concerns during the winding-up proceedings. Investors should note that the company remains under liquidation, which remains the key concern for shareholders.