IGI India Shareholders Approve Company Name Change with 99.9993% Approval
International Gemmological Institute (India) Limited successfully completed its postal ballot process for company name change approval, receiving overwhelming shareholder support with 99.9993% votes in favour. The voting process concluded on March 19, 2026, with strong participation from promoters (100%), public institutions (80.31%), and public non-institutions, demonstrating stakeholder confidence in the corporate restructuring initiative.

*this image is generated using AI for illustrative purposes only.
International Gemmological Institute (India) Limited has successfully concluded its postal ballot process for a proposed company name change, receiving overwhelming shareholder approval. The voting process, which concluded on March 19, 2026, demonstrated strong stakeholder confidence in the corporate restructuring initiative with 99.9993% votes in favour.
Voting Results and Participation
The postal ballot achieved remarkable consensus among shareholders, with the special resolution receiving exceptional support across all investor categories.
| Voting Parameter: | Details |
|---|---|
| Total Shares Outstanding: | 43,21,59,696 |
| Total Votes Polled: | 38,30,89,405 |
| Participation Rate: | 88.65% |
| Votes in Favour: | 38,30,86,648 |
| Votes Against: | 2,757 |
| Approval Percentage: | 99.9993% |
Category-wise Voting Breakdown
The voting results revealed strong support across all shareholder categories, with promoters and institutional investors showing unanimous approval.
| Shareholder Category: | Shares Held | Votes Polled | Participation % | Approval % |
|---|---|---|---|---|
| Promoter and Promoter Group: | 33,08,35,803 | 33,08,35,803 | 100.00% | 100.00% |
| Public Institutions: | 6,49,37,077 | 5,21,54,097 | 80.31% | 100.00% |
| Public Non-Institutions: | 3,63,86,816 | 99,505 | 0.27% | 97.23% |
Postal Ballot Process Details
The company conducted the postal ballot in accordance with regulatory requirements under Regulation 44 of the SEBI Listing Regulations. The process was overseen by CS Tushar Shridharani of Tushar Shridharani & Associates LLP, who served as the designated scrutinizer.
| Process Details: | Information |
|---|---|
| Notice Date: | February 11, 2026 |
| Voting Start Date: | February 18, 2026 |
| Voting End Date: | March 19, 2026 |
| Cut-off Date: | February 13, 2026 |
| Total Members: | 1,84,910 |
| Scrutinizer: | CS Tushar Shridharani |
Regulatory Compliance and Next Steps
Following the successful approval on March 20, 2026, International Gemmological Institute (India) Limited will proceed with necessary regulatory filings and compliance procedures. The company has committed to completing all required documentation with the Registrar of Companies, stock exchanges, and other regulatory bodies to formalize the name change process.
The voting results and scrutinizer's report have been made available on the company's website at www.igi.org and on KFin Technologies Limited's platform at www.kfintech.com . Company Secretary Hardik Desai confirmed that all statutory requirements under the Companies Act, 2013 and SEBI regulations have been fulfilled during the postal ballot process. The resolution was passed with the requisite majority as required under Section 114(2) of the Companies Act, 2013.

































