Iconik Sports and Events Limited concluded its Annual General Meeting for FY26 on September 29, 2026. The meeting was conducted through video conference and other audio-visual means in compliance with regulatory guidelines.

The company reported that 17 members attended the virtual meeting. This included seven members from the promoter and promoter group, and ten public shareholders. The meeting commenced at 3:00 pm and concluded at 3:10 pm after the vote of thanks.

Resolutions Passed

All three ordinary business items listed in the notice were approved by the members. The resolutions covered the adoption of financial statements, director re-appointment, and auditor re-appointment. The scrutinizer, M/s. Vivek Surana & Associates, confirmed the voting results.

Voting Details

Voting was conducted electronically via remote e-voting and e-voting at the meeting. For the first two resolutions, promoters cast votes on 29,17,500 shares, while public non-institutional shareholders voted on 91,805 shares. No votes were polled by public institutions for any resolution.

For the third resolution regarding auditor re-appointment, there was a minor divergence in public voting. Public non-institutional shareholders voted 91,305 in favor and 500 against. Promoters voted unanimously in favor of all resolutions.

Scrutinizer Report Details

The scrutinizer's report, submitted pursuant to Section 108 of the Companies Act, 2013, detailed the procedural compliance of the e-voting process. Remote e-voting opened on September 26, 2026, and closed on September 28, 2026. Equity shareholders holding shares as on the cut-off date of September 22, 2026, were entitled to vote.

The report confirmed that the electronic data and records of remote e-voting were unblocked in the presence of two witnesses who are not employees of the company. The votes were counted and scrutinized based on reports generated from the NSDL e-voting system.

What the Numbers Show

The voting data reveals a significant concentration of control within the promoter group relative to total outstanding shares. Promoters hold 29,36,160 shares out of 3,38,42,000 outstanding shares. However, only 29,17,500 promoter shares were voted, representing 99.36% of their holding. In contrast, public institutional holders, who possess 2,00,59,250 shares (approximately 59% of total equity), recorded zero votes across all three resolutions. This indicates a complete lack of institutional participation in the governance process for this fiscal year, leaving the outcome entirely dependent on promoter and retail non-institutional inputs.

Iconik Sports and Events Limited has approved the reappointment of M/s. D G M S & Co., Chartered Accountants, as its statutory auditors. The decision was taken at a board meeting held on August 31, 2026.

The firm will serve for a period of one year, commencing from the conclusion of the Annual General Meeting (AGM) for FY26 until the conclusion of the AGM for FY27. This appointment is subject to shareholder approval at the ensuing AGM.

Auditor Details

D G M S & Co., formerly known as Doshi Maru & Associates, is a partnership firm established on May 16, 1991. Headquartered in Jamnagar, Gujarat, the firm operates through branches across India. It is supported by a team of eleven partners with diverse professional experience.

The firm provides audit, taxation, accounting, and statutory compliance services. Its offerings also include company law consultancy, management consultancy, and loan syndication services. The firm serves clients across banking, infrastructure, FMCG, pharmaceuticals, textiles, and capital markets sectors.

Corporate Actions

The board also approved the Directors' Report for FY26 and the notice for convening the AGM. The meeting is scheduled for September 29, 2026, at 3:00 pm. It will be held via video conference or other audio-visual means (OAVM).

The board meeting concluded at 5:10 pm on August 31, 2026.