Izmo Limited has scheduled its 31st Annual General Meeting for Friday, September 25, 2026. The meeting will be conducted through video conferencing or other audio-visual means to transact ordinary and special business.

Shareholders holding shares as on the cut-off date of September 18, 2026, are eligible to vote. Remote e-voting will commence on Tuesday, September 22, 2026, at 9:00 am and conclude on Thursday, September 24, 2026, at 5:00 pm. The Register of Members and Share Transfer Books will remain closed from September 18 to September 25, 2026.

Director Reappointments

The Board proposes the reappointment of Mr. Sanjay Soni as Managing Director, who retires by rotation. Additionally, shareholders are asked to approve the reappointment of Mrs. Kiran Soni as Whole-time Director and Chief Financial Officer for a three-year term from September 27, 2026, to September 26, 2029.

Mrs. Soni’s proposed remuneration includes a monthly salary of ₹4,00,000 and a commission not exceeding 1% of net profits. This represents an increase from her previous monthly salary of ₹3,00,000. The explanatory statement notes that while the company is profitable on a consolidated basis, standalone profits are inadequate, necessitating adherence to Schedule V limits under the Companies Act, 2013.

Voluntary Delisting from CSE

A key special resolution seeks approval for the voluntary delisting of equity shares from the Calcutta Stock Exchange Limited (CSE). The company states it delisted from regional exchanges nearly two decades ago but received a notice from CSE in January 2024 alleging non-compliance with listing requirements.

To avoid potential litigation and commercial uncertainty, Izmo proposes a fresh voluntary delisting application. The company emphasizes that its shares remain actively listed on BSE Limited and the National Stock Exchange of India Limited. Consequently, no exit opportunity is required for shareholders under SEBI delisting regulations.

What the Numbers Show

The proposed remuneration structure for Mrs. Kiran Soni highlights a reliance on performance-linked incentives. With a base salary increase from ₹3,00,000 to ₹4,00,000 per month and a commission cap of 1% of net profits, the compensation package ties executive rewards directly to profitability. This structure aligns management interests with shareholder returns, particularly given the disclosure that standalone profits are currently inadequate to fully support higher fixed remuneration without regulatory constraints.

izmo is advancing its deep tech growth strategy by initiating silicon photonics packaging targeted directly at an AI launch.

Strategic move into silicon photonics

The company's entry into silicon photonics packaging marks a significant step in its technology expansion, positioning it within the high-demand segment of AI-driven hardware infrastructure. Silicon photonics is a technology that uses photonic systems integrated on silicon chips, increasingly relevant to data transmission and processing in AI applications.

Key development highlights

• Izmo has commenced silicon photonics packaging operations
• The initiative is directed toward a direct AI product launch
• The move is part of the company's broader deep tech growth strategy

The commencement of silicon photonics packaging underlines Izmo's intent to establish a presence in advanced technology segments aligned with artificial intelligence infrastructure demands.