Indus Aluminium Recyclers Limited has postponed its Board Meeting originally scheduled for July 15, 2026, due to unavoidable circumstances. The meeting was intended to consider and approve the unaudited financial results of the company for the quarter ended June 30, 2026. Consequently, no business was transacted at the scheduled meeting.

The company informed BSE Limited regarding the postponement pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Indus Aluminium Recyclers Limited stated that it will intimate the revised date of the Board Meeting in due course in accordance with the applicable provisions of the Listing Regulations.

Meeting Details

Sanket Sanjay Deora, Managing Director of Indus Aluminium Recyclers Limited, signed the regulatory filing confirming the outcome of the proceedings.

Indus Aluminium Recyclers Limited (Formerly known as Containerway International Limited) convened its 01/2026-27 Extra Ordinary General Meeting on July 2, 2026, to seek shareholder approval for increasing financial limits for investments and loans. The meeting, held via video conferencing, was chaired by Managing Director Sanket Sanjay Deora and included the participation of key managerial personnel and 24 members. The resolutions aimed at enhancing the company's flexibility in extending credit and providing securities were placed before the members for their consent.

Key Resolutions Presented

The EGM addressed two special resolutions critical to the company's financial operations. The first resolution sought approval to increase the limits for making investments, extending loans, and giving guarantees or providing securities in connection with loans to persons or bodies corporate. The second resolution focused on approving transactions under Section 185 of The Companies Act, 2013, which governs loans to directors and related entities.

Meeting Proceedings and Voting

M/s. Utkarsh Shah & Co., Practicing Company Secretary, was appointed as the scrutinizer to supervise the e-voting process. Remote e-voting commenced on June 29, 2026, and concluded on July 1, 2026, at 5 pm. Members who did not participate in remote e-voting were given the opportunity to vote during the meeting. The facility remained available for 15 minutes post the meeting's conclusion at 4:15 p.m.

Attendance and Disclosure

The meeting was attended by the Chairman & Managing Director Sanket Deora, Additional Director Vansh Arora, Additional Director and CFO Kunal Arora, and Additional Independent Director Pankeet Pankajkumar Aundhiya. The company confirmed that the voting results will be declared and disseminated on the stock exchanges on or before July 4, 2026. The results will also be uploaded on the websites of the company and Central Depository Services Limited.