Indo-Mim will hold its 30th Annual General Meeting on September 22, 2026, to ratify a significant employee stock option plan. The virtual meeting aims to approve the grant of up to 7,23,04,615 equity shares under the ESOP 2024 scheme.

The company dispatched the AGM notice and Annual Report for FY26 electronically on August 29, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means, in compliance with SEBI Listing Regulations and MCA circulars.

Key Agenda Items

The Board has proposed several resolutions for shareholder approval during the virtual meeting:

• ESOP Ratification: Approval for granting options convertible into 7,23,04,615 equity shares under the ESOP 2024 scheme. The exercise price will not be lower than the face value of ₹1 per share.
• Secretarial Auditor Appointment: Appointment of M/s. SNM & Associates as Secretarial Auditors for five financial years from FY27 to FY31. The remuneration for FY27 is set at ₹1,50,000 plus applicable GST.
• Cost Auditor Remuneration: Ratification of remuneration payable to M/s. Jayaram & Associates for FY27 cost audit services. The fee is fixed at ₹2,50,000 plus applicable GST.
• Director Re-appointment: Re-appointment of Mr. Raj Chivukula as a Non-Independent Non-Executive Director, who retires by rotation.

What the Numbers Show

The proposed ESOP pool represents a significant potential dilution event if fully exercised. With a ceiling of 7,23,04,615 options, the plan allows substantial equity allocation to employees across the group structure, including subsidiaries and associates. The exclusion of promoters and persons holding more than 10% of outstanding equity shares ensures the incentive structure targets operational staff and non-promoter directors.

Voting and Logistics

Remote e-voting will commence on September 19, 2026, at 9:00 am and conclude on September 21, 2026, at 5:00 pm. The cut-off date for determining voting rights is September 15, 2026. M/s. SNM & Associates has been appointed as the scrutinizer for the voting process.

Indo-Mim Limited submitted its 30th annual report for the financial year ended March 31, 2026, to the National Stock Exchange of India Limited and BSE Limited on August 29, 2026.

The filing complies with Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the notice convening the 30th annual general meeting along with the annual report is being sent to members whose email addresses are registered with depository participants or the registrar and transfer agent, MUFG Intime India Private Limited.

Shareholder Communication

In accordance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indo-Mim will send a letter to shareholders who have not registered their email IDs. This letter will provide a web link and the exact path to access the annual report online.

The annual report is also available on the company’s website at www.indo-mim.com . Santosh Kumar Dash, Company Secretary and Compliance Officer, signed the submission.