International Gemmological Institute (India) Limited — Others, 02-07-2025: Shareholders meeting

International Gemmological Institute (India) Limited has announced the results of its 27th Annual General Meeting held via video conferencing. All resolutions put forth were approved by shareholders with strong support. Key approvals include adoption of the financial results for the year ended December 2024, reappointment of directors Mukesh Mehta and Prateek Roongta, appointment of Tushar Shridharani & Associates LLP as Secretarial Auditor for five years, and ratification of the IGI Employee Stock Option Plan – 2024 including its extension to holding and subsidiary company employees. Payment of commissions to non-executive directors and appointment of Anoop Mehta as an independent director were also confirmed. Voting participation stood at nearly 89%, with overwhelming acceptance for all matters except the Employee Stock Option Plan, which saw some dissent mainly from public institutional shareholders. This AGM outcome solidifies the company's governance framework and incentivization strategies, supporting its continued stakeholder engagement and operational stability.