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.
| Particulars | Details |
|---|---|
| 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:
- Approval of the audited standalone and consolidated financial statements for the financial year ended March 31, 2025.
- Appointment of Mr. Amit Garg (DIN: 06385718) as Director, liable to retire by rotation.
- 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:
| Particulars | Votes in Favor | Votes Against |
|---|---|---|
| Remote E-Voting | 50,52,01,902 | 11,372 |
| Voting at the AGM | 42,542 | 0 |
| Total | 50,52,44,444 | 11,372 |
| Particulars | Votes in Favor | Votes Against |
|---|---|---|
| Remote E-Voting | 50,52,06,269 | 6,949 |
| Voting at the AGM | 42,542 | 0 |
| Total | 50,52,48,811 | 6,949 |
| Particulars | Votes in Favor | Votes Against |
|---|---|---|
| Remote E-Voting | 50,28,80,478 | 23,28,680 |
| Voting at the AGM | 42,332 | 210 |
| Total | 50,29,22,810 | 23,28,890 |
| Particulars | Votes in Favor | Votes Against |
|---|---|---|
| Remote E-Voting | 50,10,03,806 | 42,00,697 |
| Voting at the AGM | 42,342 | 0 |
| Total | 50,10,46,148 | 42,00,697 |
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.
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