Ion Exchange (India) Limited shareholders approved all ordinary resolutions at its 62nd Annual General Meeting held on September 11, 2026. The meeting saw a voting participation rate of 48.14% of outstanding shares, with the reappointment of director Dinesh Sharma receiving the highest level of dissent among the agenda items.

The session was conducted via Video Conferencing and Other Audio Visual Means (VC/OAVM). Executive Chairman Rajesh Sharma chaired the meeting, while Managing Director and CEO Indraneel Dutt addressed queries from members. National Securities Depository Limited (NSDL) facilitated remote e-voting and webcasting through Zoom.

Voting Participation and Results

As of the record date of September 4, 2026, the company had 128,149 equity shareholders. A total of 70,599,894 votes were polled across all resolutions, representing 48.1363% of the 146,666,590 outstanding shares.

Shareholder attendance was split between physical presence and virtual participation. Among promoters, four shareholders attended in person or via proxy, while six joined via video conference. In the public category, five shareholders were present physically, whereas 143 participated remotely. Eighty shareholders, collectively holding 2,86,19,100 equity shares, had appointed authorized representatives under Section 113 of the Companies Act, 2013.

Resolution Outcomes

All four resolutions proposed in the notice were passed with the requisite majority. The voting breakdown for each resolution is detailed below:

The adoption of audited standalone and consolidated financial statements for FY26, along with the declaration of dividend and ratification of cost auditors' remuneration, received near-unanimous support, with against votes constituting less than 0.01% of polled votes.

The reappointment of Dinesh Sharma (DIN: 00051986), who retires by rotation, saw slightly higher dissent. Public institutions voted against the resolution at a rate of 1.75%, while promoter group votes showed lower participation in this specific item compared to others.

Scrutinizer's Report and Invalid Votes

M/s. V. V. Chakradeo & Co., Practising Company Secretaries, served as the scrutinizer for the e-voting process. Their report confirmed that all resolutions were passed with the requisite majority.

Notably, 15,100,879 votes cast by the promoter group were declared invalid specifically for Resolution 3 (reappointment of Dinesh Sharma). These votes originated from five shareholders who are relatives of Mr. Sharma and were excluded from the computation of valid votes for that resolution pursuant to regulatory guidelines on related-party transactions. No invalid votes were recorded for other categories or resolutions.

Statutory Auditors M/s. Deloitte Haskins & Sells LLP and Secretarial Auditors M/s. GMJ & Associates attended the meeting via video conference. Their reports contained no qualifications, observations, or adverse comments. The meeting concluded at 12:14 pm, with voting results uploaded to stock exchanges and the company website.

Ion Exchange has scheduled its 62nd Annual General Meeting (AGM) for Friday, September 11, 2026, at 11:00 am. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (VC/OAVM) in compliance with Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) regulations.

Meeting Agenda

The primary business items for the AGM include:

• Adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026.
• Declaration of dividend on equity shares.
• Re-appointment of Mr. Dinesh Sharma as a Non-Executive Non-Independent Director, who retires by rotation.

Under special business, shareholders will vote to ratify the remuneration of M/s. R. Nanabhoy & Co., Cost Accountants, Mumbai, as the Cost Auditors for the financial year ending March 31, 2027. The approved remuneration is ₹4,75,000 plus applicable taxes and out-of-pocket expenses.

Director Profile

Mr. Dinesh Sharma, Vice-Chairman, seeks re-appointment. He holds a B.Sc. degree and possesses extensive experience in business management and marketing. Mr. Sharma holds 57,12,710 shares in the company and is related to Mr. Rajesh Sharma, the Executive Chairman. He attended 6 out of 7 board meetings during the relevant period.

Voting and Logistics

Remote e-voting will be facilitated by National Securities Depository Limited (NSDL). The voting window opens on Monday, September 7, 2026, at 9:00 am and closes on Thursday, September 10, 2026, at 5:00 pm. The record date for determining voting eligibility is September 4, 2026.

Key logistical details:

• Proxy Facility: Not available for this AGM per MCA Circular No. 14/2020. Body corporates may appoint authorized representatives.
• Dividend Payment: Dividends, if declared, will be paid electronically only, subject to tax deduction at source (TDS). Physical warrants are discontinued.
• Unclaimed Shares: The company transferred 83,526 shares to the Investor Education and Protection Fund (IEPF) during FY26 for unclaimed dividends over seven consecutive years.

Shareholders are advised to update their KYC details and bank mandates with their Depository Participants or the Registrar and Transfer Agent (RTA), M/s. MUFG Intime India Private Limited, to ensure smooth processing of dividends and service requests.