IEL Limited has announced the outcome of its Board Meeting held on August 10, 2026. The Board approved the un-audited standalone financial results for the quarter ended June 30, 2026, along with the Limited Review Report. Additionally, the company has approved the convening of its 70th Annual General Meeting on September 28, 2026, which will be held through video conferencing.
Financial Results for Q1 FY27 Approved
The Board of Directors of IEL Limited, in their meeting held on Monday, August 10, 2026, considered and approved the company’s un-audited standalone financial results for the quarter ended June 30, 2026. These results have been duly reviewed and recommended by the Audit Committee. Alongside the financial results, the Board also approved the accompanying Limited Review Report issued by the Statutory Auditors, M/s Maark & Associates, Chartered Accountants.
The un-audited financial results and the Limited Review Report are available on the websites of the BSE Limited (www.bseindia.com) and IEL Limited (www.iellimited.com).
70th Annual General Meeting Scheduled
Further, the Board has approved to hold and convene the 70th (Seventieth) Annual General Meeting of the Equity Shareholders on Monday, September 28, 2026, at 3:00 PM IST. The meeting will be conducted through Video Conferencing or other Audio Visual Means, in compliance with applicable provisions of the Companies Act, 2013. The Board has also approved the Notice calling the 70th Annual General Meeting, along with the Board of Directors’ Report and other related agenda items for the financial year ended March 31, 2026.
Rights Issue Utilization Update
Additionally, an Auditors Certificate regarding the utilization of funds raised from the Rights Issue was provided. The company raised Rs. 43,17,21,894.20 from the Rights Issue. The certificate confirms that for the period ended June 30, 2026, the utilization of these proceeds was in accordance with the objects stated in the Offer Document, with no deviation or variation reported.
Source: BSE