Indiqube Spaces Limited reported its highest-ever annual revenue of ₹1,469 crore for the financial year ended March 31, 2026, reflecting a year-on-year growth of 37%. The company’s profit after tax increased sharply by 145% to ₹125 crore, while EBITDA crossed the ₹300 crore milestone, registering a growth of 60% to ₹301 crore. The strong performance was driven by an increase in rent yielding area to 6.33 million sq. ft. and a steady state occupancy of 88%.

The Board of Directors has decided not to recommend a dividend for FY 2025–26 to preserve resources for strategic investments and future scalability. The company’s EBITDA margin expanded to 21% from 18% in the previous year, and PAT margin improved to 9% from 5%. Cash flow from operations strengthened significantly, increasing 147% year-on-year to ₹304 crore.

The company’s 12th Annual General Meeting (AGM) is scheduled to be held on Wednesday, August 12, 2026, at 10:00 A.M. IST through Video Conferencing. The Annual Report for FY 2025-26 has been submitted to the stock exchanges and is available on the company’s website. The meeting will be conducted without the physical presence of members, complying with the provisions of the Companies Act, 2013, and relevant SEBI regulations.

In compliance with Regulation 36 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company dispatched a communication on July 07, 2026, providing a web link to the Annual Report for the financial year 2025–26 to members whose email addresses are not registered with the company, MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), Registrar & Share Transfer Agent, or the Depositories. Shareholders holding shares in dematerialised form are requested to update their email addresses and KYC details with their respective Depository Participants to ensure timely receipt of communications.

Indiqube Spaces Limited shareholders have approved the variation in the objects and terms of utilisation of the Initial Public Offering proceeds, along with remuneration revisions for top executives, through a postal ballot that concluded on June 24, 2026. The resolutions were passed with the requisite majority, enabling the company to alter the use of funds raised during its public offering and adjust compensation for its leadership.

The postal ballot sought approval for three special resolutions. The first resolution concerned the variation in the objects or terms of utilisation of the Initial Public Offering proceeds. This resolution required a majority of more than 90% of shareholding to be approved. The second and third resolutions pertained to the revision in remuneration for Mr. Rishi Das, Chairman, Executive Director and Chief Executive Officer, and Ms. Meghna Agarwal, Chief Operating Officer and Executive Director, respectively.

Ms. Varsha V Shenoy, Proprietress of VVS and Associates, served as the Scrutinizer for the e-voting process. The remote e-voting period commenced on May 26, 2026, and concluded on June 24, 2026. The Scrutinizer's report confirmed that all resolutions were approved by the members with the necessary majority.

The voting results indicated strong shareholder support for the management's proposals. The resolution regarding the variation in IPO proceeds utilisation received 99.07% of the total valid votes cast. The resolutions for revising the remuneration of Mr. Rishi Das and Ms. Meghna Agarwal received 99.48% and 99.48% of the total valid votes cast, respectively.

Voting Results Summary

The approvals are deemed to have been received on June 24, 2026, the last date specified for remote e-voting. The company has disclosed that the results are available on its website.