IndiaMART InterMESH shareholders approve director appointment, RPT

IndiaMART InterMESH Limited announced that its shareholders approved two resolutions through a remote e-voting postal ballot process, with the effective date of passing being Friday, August 29, 2025. The postal ballot sought approval for the appointment of ms. Vasuta Agarwal as an independent director and a related party transaction concerning mr. Amit Agarwal.

The special resolution to appoint ms. Vasuta Agarwal as an independent director passed with overwhelming support, garnering 5,12,01,833 votes in favour (99.9968%) and only 1,631 votes against (0.0032%) from a total of 5,12,03,464 valid votes.

The ordinary resolution to approve the related party transaction for mr. Amit Agarwal to hold an office or place of profit in the company also passed with requisite majority. This resolution received 2,65,81,673 votes in favour (78.2829%) and 73,74,238 votes against (21.7171%) from a total of 3,39,55,911 net valid votes. The company's fully paid-up share capital on the cut-off date was INR 60,03,21,480, divided into 6,00,32,148 equity shares of INR 10 each.