India Lease Development Limited has confirmed that all eight resolutions proposed at its 41st Annual General Meeting were duly approved by shareholders with the requisite majority. The company submitted the consolidated scrutinizer's report and voting results to BSE on September 25, 2026, following the virtual meeting held on September 24, 2026.

The meeting, conducted via Video Conferencing and Other Audio Visual Means from the registered office in New Delhi, saw 219 members attend the proceedings. Shri Dinesh Agnani, Independent Director and Chairman of the Audit Committee, chaired the meeting in the absence of Chairman Shri Rajiv Gupta. The voting process included both remote e-voting prior to the meeting and electronic voting during the live session.

Key resolutions passed

Members approved four ordinary business items and four special business items. These included the adoption of standalone audited IND AS financial statements for FY26, re-appointment of directors retiring by rotation, fixing auditor remuneration, and approval of related party transactions.

Governance and attendance details

The Board reported no change in its composition since the previous AGM. Shri Rajiv Gupta and Ms. Sumana Verma were unable to attend due to prior commitments. Statutory Auditors M/s Jagdish Chand & Co., represented by Partner Shri Praveen Jain, attended the meeting alongside Scrutinizer Ms. Anjali Yadav.

The Chairman addressed queries regarding the non-dispatch of physical annual reports, clarifying that these were circulated electronically as per regulatory guidelines. Physical copies were provided only upon specific request. Five shareholders had registered to speak, but none participated in the live session.

What the Numbers Show

The voting data reveals a significant concentration of power among promoter shareholders. For ordinary resolutions such as the adoption of financial statements and director re-appointments, promoters voted in favor with approximately 93.10% of their holding (98,07,269 votes out of 1,05,34,490 shares). In contrast, public shareholders (non-institutional) cast only 46,818 votes, representing a mere 1.12% of their total holding. This indicates that the outcome of key governance decisions is heavily influenced by promoter participation, while public shareholder engagement remains low relative to their shareholding.

India Lease Development Limited has scheduled its 41st Annual General Meeting (AGM) for Thursday, September 24, 2026. The meeting will be held via Video Conferencing or Other Audio Visual Means (OAVM) at the company’s registered office in New Delhi.

The disclosure was made under Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Rohit Madan, Manager, Company Secretary & CFO, signed the communication dated September 2, 2026.

E-Voting Schedule

Shareholders eligible to vote must do so within the specified window. The e-voting process begins on Monday, September 21, 2026, at 9:00 am and ends on Wednesday, September 23, 2026, at 5:00 pm. The cut-off date for e-voting eligibility is Thursday, September 17, 2026.

Document Access

The Annual Report for FY26 and the AGM Notice are available electronically on the company’s website at www.indialease.com . They are also hosted on the e-voting agency CDSL’s website at www.evotingindia.com .

Contact Information

Members whose email addresses are not registered with the company, Registrar & Share Transfer Agent (RTA), or Depository Participants (DPs) have been sent physical letters containing a weblink and QR code. These tools provide access to the AGM notice and annual report.

Shareholders holding shares in dematerialised form are requested to register their email addresses with their respective DPs. Those holding physical shares may update their details by contacting the RTA, Alankit Assignment Limited, in New Delhi.