Ikoma Technologies Limited has secured shareholder approval for the appointment of seven directors through a postal ballot process concluded on July 05, 2026. The resolutions included the appointment of three Non-Executive Independent Directors, three Non-Executive Non-Independent Directors, and one Whole Time Director. The approvals were obtained via remote e-voting, with the scrutinizer's report confirming that all resolutions passed with the requisite majority.

The remote e-voting process was facilitated by Purva Sharegistry India Pvt Ltd., with the voting period open from June 06, 2026, to July 05, 2026. A total of 1,05,72,682 votes were cast, representing 45.56% of the outstanding shares. The scrutinizer, CS Sonam Jain, verified the results, which have been submitted to the stock exchanges and made available on the company's website.

Voting Summary

The appointments are part of the company's corporate governance restructuring. The postal ballot notice was dated June 05, 2026, and the cut-off date for determining shareholder eligibility was May 29, 2026. The results were declared on July 07, 2026.

Ikoma Technologies Limited has initiated a postal ballot process to secure shareholder approval for material related party transactions proposed for FY 2026-2027. The company seeks authorization to enter into agreements with specific related parties for an aggregate value not exceeding INR 100 crores per party. The transactions are intended to meet working capital requirements and support business expansion in line with the company's long-term growth strategy.

The resolutions cover transactions with six individuals, including Rahul Anandrao Bhargav, Managing Director, and Paras Chand Jain, Executive Director, as well as Non-Executive Directors Bhavesh Bhairaram Lohar, Nitesh Jain, and Preeti Kiran Mehta. Additionally, approval is sought for transactions with Sanyog Kumar Rathi, Chief Financial Officer, and M/s. ICM Insurance Brokers Private Limited, identified as a proposed subsidiary. The nature of these transactions includes the sale or purchase of goods, availing or rendering of services, and the transfer of resources.

As the company recorded no revenue during FY 2025-2026, resulting in a nil annual consolidated turnover, any transaction with related parties is deemed material under SEBI Listing Regulations. Consequently, shareholder approval is required to proceed with these arrangements. The Audit Committee and the Board of Directors have granted omnibus approval for these transactions, which are to be conducted on an arm's length basis.

Key Related Party Details

Voting Schedule and Process

The remote e-voting process is scheduled to begin on Tuesday, June 09, 2026, at 9:00 a.m. IST and will conclude on Wednesday, July 08, 2026, at 5:00 p.m. IST. Shareholders whose names appear in the Register of Members or the list of Beneficial Owners as of Friday, June 05, 2026, are eligible to vote. The company has engaged Purva Sharegistry India Pvt Ltd as the Registrar and Transfer Agent to facilitate the e-voting facility.

Ms. Sonam Jain, a Practicing Company Secretary, has been appointed as the Scrutinizer to ensure the voting process is conducted fairly and transparently. The results of the postal ballot are expected to be announced on or before Friday, July 10, 2026. The notice and explanatory statement are available on the company’s website and the BSE Limited website.