Proceedings of the 33rd Annual General Meeting

GIFCI September 25, 2026 LIMITED 3.017*arrif-grqb No. IFCl/CS/61/2026-73.2_ No. IFCl/CS/62/2026- 733 IA Government at India Undertaking) eiteori (cid:9) 71) 1.National Stock Exchange of India 2. BSE Limited Limited Department of Corporate Service Exchange Plaza Phiroze JeeJeebhoy Tower Plot No. C/1, G Block, Bandra Dalai Street Kuria Complex, Bandra (East) Mumbai — 400 001 Mumbai — 400 051 CODE:IFCI CODE:500106 Dear Sir/Madam, Re: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulations 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the proceedings of the 33rd Annual General Meeting (AGM) of the Members of the Company, held on Friday, September 25, 2026. Kindly acknowledge receipt. Thanking you For IFCI Limited (Priyanka Sharma) et tCompany Secretary & Compliance Officer Encl.: As above 317# VW 7121. 3rrt Pliks IFCI Limited 1.1,41cpci cat' tem: Regd. Office: 3TTIVI:8241-311 Urd7, 61 (cid:9) 6.2-, Vtif, ft-mt - 110 019 IFCI Tower, 61 Nehru Place, New Delhi - 110 019 71171: +91-11-4173 2000, 4179 2800 Phone: +91-4173 2000, 4179 2800 'et-4W: -F91-11-2623 0201, 2648 8471 Fax: +91-11-2623 0201, 2648 8471 www.ifciltd.com Website: www.ifciltd.com flzTrtEr9": L.74899D1_1993G0I053677 CIN: L74899DL1993G01053677 1948 24- FIIK" (cid:9) colei In Development of the Nation since 1948 PROCEEDINGS OF THE 33" ANNUAL GENERAL MEETING OF THE MEMBERS OF IFCI LIMITED HELD ON FRIDAY, SEPTEMBER 25, 2026, THROUGH VIDEO CONFERENCE (VC) OR OTHER AUDIO VISUAL MEANS (OAVM). The 33rd Annual General Meeting (AGM/ Meeting) of the members of IFCI Limited (IFCI) was held on Friday, September 25, 2026 at 11:30 A.M. through Video Conference (VC) or Other Audio Visual Means (OAVM), to transact the business as contained in the Notice Calling the 33rd AGM dated August 11, 2026 and Addendum to the notice of the 33rd AGM dated September 15, 2026 (collectively read as 'Notice). In accordance with the circulars issued by the Ministry of Corporate Affairs (MCA) from time to time, the Meeting was held through electronic means. In terms of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), the proceedings of the 33rd AGM are as under:- 1. The Company Secretary introduced and welcomed the Directors present, i.e., Shri Rahui Bhave, Managing Director &, Chief Executive Officer (MD & CEO), Shri Manikumar Sivaramakrishnan, Deputy Managing Director, Shri Jitendra Asati, Government Director, Shri Dino Singh Punia, Independent Director & Chairman, Audit Committee and Nomination & Remuneration Committee, Shri Arvind Kumar Jain, Director & Chairman, Stakeholders' Relationship Committee, Shri Rajeev Sachdev, Director. She also welcomed Shri Subhash Chander Mann, Partner, M/s S. Mann &. Co., Chartered Accountants (Statutory Auditor for FY 2025-26), Shri Suryakant Gupta, Partner, M/s Surya Gupta & Associates, the Secretarial Auditor, Shri Devesh Kumar Vasisht, Practising Company Secretary, from DPV & Associates, Scrutinizer, Shri Prasoon and Shri Sachikanta Mishra, Executive Directors of the Company. 2. Shri Rahul Bhave, MD & CEO was unanimously elected by the Directors present, as the Chairman for the Meeting in terms of the Articles of Association of the Company. 3. The Chairman confirmed the presence of requisite quorum from the Company Secretary and thereafter, extended a warm welcome to all the Members, Directors, Auditors, Scrutinizer, Representative of Government of India and all other stakeholders who were attending the Meeting. He informed about the Directors who could not attend this Meeting due to some exigencies. 4. The Chairman informed the Members that the Statutory Registers / Records and documents referred to in the Notice calling the Meeting alongwith the Explanatory Statement, were made available for inspection through electronic means during the conduct of this Meeting. He further informed that the voting would remain open for 15 minutes after the conclusion of the Meeting and the Members wh (cid:9) thri ?KZ IFCI Tower 61 AirZN 61, Nall5eiriCe New Delhi-19 IA 00 had not cast their vote through remote e-voting, could cast their vote electronically by following the instructions provided in the Notice. 5. The Chairman briefly apprised the Members on the performance of the Company during the year under report and the major developments in the Company and expressed gratitude for the cooperation, guidance and support from various stakeholders. 6. Thereafter, the Chairman invited the Company Secretary, to read the qualifications, observations, comments or remarks, if any, in the Auditors' Report of the Company for the financial year ended March 31, 2026 and the Management's reply thereof. 7. Accordingly, the Company Secretary informed that there were no qualifications, observations or adverse remarks or disclaimers made by the Statutory Auditors. However, certain Emphasis of matter on Standalone and Consolidated Financial Statements had been made part of the Annual Report. The comments of the Comptroller & Auditor General of India (C&AG) along-with consolidated IFCI's Management Reply on C&AG Supplementary Audit observation has been made part of the Annual Report. Further, she informed that certain observation had been made by the Secretarial Auditor in the Secretarial Audit report of the Company regarding absence of requisite number of Independent Directors including Independent Woman Director. The observations of the Secretarial Auditor and the Management's Reply thereof, has been made part of the Annual Report. 8. Before considering the business, the Chairman took on record that all efforts feasible under the present circumstances had indeed been made by the Company to enable Members to participate and vote on the items being considered in this Meeting. 9. Thereafter, the Agenda enlisted in the Notice was taken up. The items of agenda transacted at the Meeting were as follows:- Item Subject Matter Resolution(s) Ordinary Business 1. To receive, consider and adopt -:- Ordinary a. (cid:9) the (cid:9) Audited (cid:9) Standalone(cid:9) Financial Statements (cid:9) of the (cid:9) Company for the financial (cid:9) year ended (cid:9) March (cid:9) 31, (cid:9) 2026, together with the reports of the Board of Directors (cid:9) and(cid:9) Auditors' (cid:9) thereon (cid:9) and Ze' arfraft311 !MI Tower 6611, 1•41747P-1481r,e MR-A-14 New Delhi.19 comments of the Comptroller and Auditor General of India; and b. (cid:9) the (cid:9) Audited (cid:9) Consolidated (cid:9) Financial Statements (cid:9) of the (cid:9) Company for (cid:9) the financial year ended March 31, 2026, together with the report of the Auditors' thereon and comments of the Comptroller and Auditor General of India 2 To resolve not to fill up the vacancy caused by Ordinary retirement of Prof. Narayanaswamy Balakrishnan (DIN: 00181842) by rotation 3 To fix remuneration of the Statutory Auditor(s) Ordinary of the Company in terms of the provisions of Section(s) 139(5) and 142 of the Companies Act, 2013. Special Business 4 Appointment (cid:9) of (cid:9) Shri (cid:9) Manikumar Ordinary Sivaramakrishnan (DIN: 08956660) as Deputy Managing Director 5 Appointment (cid:9) of (cid:9) Shri (cid:9) Dilip (cid:9) Singh (cid:9) Punia Special (DIN:11943788) as an Independent Director • 10. The Chairman then requested the Members to pose questions or seek clarification, if any, on the agenda items enlisted in the Notice. Some of the shareholders who had registered themselves as speaker for Meeting, were provided with the opportunity to speak. As requested, few Members expressed their views. 11. The Chairman then again requested the Members, to cast their vote through e- voting platform. He further informed that the result of the e-voting during the Meeting aggregated with the result of remote e-voting would [Showing first 8,000 characters — download PDF for full document]