Submission of Notice of 40th Annual General Meeting (AGM) For FY 2024-25 to be held on Friday, 26th September, 2025 at 11.30 A.M (IST) through Video Conference/Other Audio Visual Means (OVAM).
Awaiting price reaction for this filing.
I-Power Solutions India Ltd has scheduled its 40th Annual General Meeting for Friday, 26th September 2025 at 11:30 AM IST, to be held entirely through video conferencing. Ordinary business includes adopting audited financial statements for FY ending 31 March 2025 and re-appointing Managing Director Rajendra Naniwadekar (holding 1.27 crore shares), who retires by rotation. Two special business items require shareholder votes: appointment of M/s Lakshmmi Subramanian & Associates as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30), and shifting the registered office from Chennai, Tamil Nadu to Hyderabad, Telangana, citing better administrative efficiency and cost savings. E-voting runs from 23-25 September 2025 for shareholders on record as of 19 September 2025, with book closure from 20-26 September 2025.
The proposed registered office shift to Telangana is a strategic administrative relocation that the company says will not adversely affect stakeholders, but requires shareholder approval via Special Resolution plus confirmation from the Regional Director. The secretarial auditor appointment is a routine regulatory compliance requirement. Neither item is expected to materially move the stock in the near term, though shareholders should review the registered office shift carefully as it represents a state-level change.