Indo Farm Equipment Limited, a key player in the agricultural equipment sector, has reported a change in its shareholding structure. Mr. Shubham Khadwalia, a member of the company's promoter group, has increased his stake in the firm through an open market purchase.

Transaction Details

The transaction, which took place on November 21, 2025, involved the acquisition of 20,000 equity shares. This move has resulted in an increase in the aggregate shareholding of the Promoter and Promoter Group.

The increase represents a change in the company's shareholding structure.

Regulatory Compliance

Indo Farm Equipment Limited is expected to disclose this information to the stock exchanges in compliance with regulatory requirements.

Market Implications

The increase in promoter holding could be viewed as a development by market participants. Changes in promoter shareholding are often considered in the context of a company's overall performance and prospects.

Investors and stakeholders may wish to monitor further developments and any additional disclosures from the company regarding this transaction.

As always, market participants are encouraged to conduct their own research and consider seeking professional advice before making investment decisions based on corporate actions.

Indo Farm Equipment Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving the appointment of Mr. Amit Kumar as Director and Whole-Time Director of the company. The voting results, announced on December 23, 2025, demonstrate strong shareholder confidence in the proposed leadership appointment.

Official Postal Ballot Results

The remote e-voting process concluded on December 19, 2025, with both resolutions receiving requisite majority approval from shareholders. The company submitted the consolidated scrutinizer's report and voting results to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Appointment Details

The approved appointment encompasses the following terms:

Voting Process and Compliance

The postal ballot was conducted in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The remote e-voting facility was provided by National Securities Depository Limited (NSDL), with the process commencing on November 20, 2025, and concluding on December 19, 2025.

Mr. Ajay K. Arora, Practicing Company Secretary (FCS No. 2191, CP No. 993), served as the Scrutinizer for the voting process, ensuring transparency and fairness in the electoral proceedings. The scrutinizer's report was submitted on December 20, 2025, confirming that both resolutions were passed with requisite majority.

Shareholder Participation Breakdown

The voting pattern across different shareholder categories demonstrated broad-based support:

About Amit Kumar

Mr. Amit Kumar brings substantial expertise to Indo Farm Equipment with over 14 years of experience in manufacturing, operations, and strategic procurement. He holds an MBA and bachelor's degree in engineering from Maharshi Dayanand University, Rohtak, with proven track record in plant operations, vendor development, and supply chain efficiency.

The overwhelming shareholder approval reflects confidence in Mr. Kumar's ability to drive growth in the company's tractor and construction equipment divisions. This strategic appointment positions Indo Farm Equipment to enhance its operational capabilities and pursue long-term value creation for stakeholders.