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IEX AGM Approves ₹1.50/Share Final Dividend for FY25

IEX AGM Approves ₹1.50/Share Final Dividend for FY25

September 11, 2025 / 17:13 IST
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    The 19th Annual General Meeting (AGM) of Indian Energy Exchange Limited (IEX) was held on September 11, 2025, where shareholders approved the final dividend for the financial year 2024-25.

    The board has approved the payment of a final dividend of ₹1.50 per equity share. Earlier, an interim dividend of ₹1.50 per equity share was already paid for the financial year ended March 31, 2025.

     

    Dividend Details
    ParticularsDetails
    Final Dividend per share₹1.50
    Interim Dividend per share₹1.50

     

    AGM Key Outcomes

    Apart from dividend approval, the AGM included the following resolutions:

     

      1. Approval of the audited standalone and consolidated financial statements for the financial year ended March 31, 2025.

     
      1. Appointment of Mr. Amit Garg (DIN: 06385718) as Director, liable to retire by rotation.

     
      1. Appointment of Secretarial Auditors of the Company.

     

    The results for all resolutions were overwhelmingly in favor, with more than 99% of votes cast in support of each resolution.

    The votes cast for and against each resolution are detailed below:

     

    Resolution 1: Approval of Financial Statements
    ParticularsVotes in FavorVotes Against
    Remote E-Voting50,52,01,90211,372
    Voting at the AGM42,5420
    Total50,52,44,44411,372

     
    Resolution 2: Approval of Final Dividend
    ParticularsVotes in FavorVotes Against
    Remote E-Voting50,52,06,2696,949
    Voting at the AGM42,5420
    Total50,52,48,8116,949

     
    Resolution 3: Appointment of Mr. Amit Garg as Director
    ParticularsVotes in FavorVotes Against
    Remote E-Voting50,28,80,47823,28,680
    Voting at the AGM42,332210
    Total50,29,22,81023,28,890

     
    Resolution 4: Appointment of Secretarial Auditors
    ParticularsVotes in FavorVotes Against
    Remote E-Voting50,10,03,80642,00,697
    Voting at the AGM42,3420
    Total50,10,46,14842,00,697

     

    The meeting was conducted through video conferencing, allowing members to participate remotely. The e-voting process was scrutinized by Ankit Jain from Agarwal S. & Associates, ensuring a fair and transparent procedure.

    The electronic data and all relevant records relating to e-voting have been handed over to the Company Secretary & Compliance Officer for preservation and safe keeping.

    Alpha Desk
    first published: Sep 11, 2025 05:13 pm

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