Indrayani Biotech’s Board of Directors has approved key corporate actions, including the date for the 34th Annual General Meeting (AGM) on November 30, 2026. The board also approved material related party transactions with subsidiaries, each not exceeding ₹25 crores. Additionally, the appointment of M/s Vaithianathan & Associates as Internal Auditor and Ms. Nattery Srinivasan Poornima as Secretarial Auditor for a five-year term were confirmed.
Indrayani Biotech Board Approves AGM, Audits, and Key Transactions
Indrayani Biotech announced significant outcomes from its Board of Directors meeting held on November 6, 2026. The board has officially scheduled the 34th Annual General Meeting (AGM) for Monday, November 30, 2026, at 4:00 PM IST. The meeting will be conducted via Video Conferencing (VC) and other Audio Visual Means (OAVM).
Key Approvals and Appointments
Key decisions made during the meeting include the approval of the Director’s Report for the Financial Year ended March 31, 2026. Furthermore, M/s Vaithianathan & Associates has been appointed as the Internal Auditor for the Financial Year 2026-27. M/s. KRA & Associates will serve as the Scrutinizer for the e-voting process at the AGM, ensuring a fair and transparent voting mechanism. The company has also appointed M/s. MUFG Intime India Private Limited (MIIPL) to provide the remote e-voting facility.
Shareholder Information and Material Transactions
The Board has authorized the dispatch of the AGM Notice and the Annual Report to shareholders. A cut-off date of November 23, 2026, has been fixed to determine shareholder eligibility for voting. The board also approved the company’s Policy for Determination of Materiality of Events or Information. Crucially, subject to shareholder approval at the AGM, the board has approved material related party transactions, with each transaction with subsidiaries such as Dindigul Farm Product Limited, Matrix Boilers Private Limited, HSL Agri Solutions Limited, HSLPrime Properties Private Limited, IBL Investments Limited, and IBL Healthcare Limited capped at ₹25 crores.
AGM Schedule Details
The dispatch of the AGM Notice and Annual Report is expected by November 7, 2026. The book closure for the AGM will be from November 24, 2026, to November 30, 2026 (both days inclusive). The cut-off date for determining voting eligibility is November 23, 2026. Remote e-voting will commence on November 27, 2026, at 9:00 AM and conclude on November 29, 2026, at 5:00 PM. The results of the remote e-voting will be declared by December 2, 2026.
Source: BSE
