Icon Facilitators Ltd

AGM Details

• Date and time: 28 Sep 2026, 3:30 PM IST via VC/OAVM.
• End time: 4:05 PM; record date: 21 Sep 2026; shareholders on record: 737.

Key Resolutions

• Resolution 1: Adoption of Audited Financial Statements and accompanying reports.
• Resolution 2: Re-appointment of Managing Director by rotation.

Voting Results

• Resolution 1: Passed with requisite majority; no dissent recorded.
• Resolution 2: Passed with 99.98% in favour, 0.02% against.

Director Changes

• Managing Director re-appointment approved; rotation-based reappointment.

AGM Details

• Date/time/mode: 28 Sep 2026, 03:30 PM IST, via Video Conferencing/Other Audio Visual Means.
• Meeting duration: 03:30 PM to 04:05 PM IST.
• Remote e-voting window: 25–27 Sep 2026; voting at meeting available.

Resolutions Considered

• Adopt Audited Financial Statements for year ended 31 March 2026 and accompanying reports.
• To appoint Director by rotation: Dinesh Makhija eligible for re-appointment.

Voting Status

• Results of resolutions to be declared within two working days.

Icon Facilitators Limited trading window closed from 1st October, 2026 till 48 hours after declaration of Unaudited Financial Results of the Company for the quarter/ half year ended September 30, 2026.

Postal Ballot results

• Resolutions proposed in Postal Ballot Notice dated July 27, 2026 passed by remote e-voting with requisite majority.
• Voting results and Scrutinizer's report enclosed; posted on the company website.

AGM notice and access

• 13th AGM of Icon Facilitators Limited set for 28 September 2026 at 3:30 PM IST via VC.
• Annual Report FY2025-26 and AGM Notice accessible via web link and iconf.in path.
• Access for unregistered email shareholders via the provided web path.
• Cut-off date for remote e-voting entitlement: 21 September 2026.
• E-voting window: 25 September 2026 09:00 IST to 27 September 2026 17:00 IST.
• Queries to Company Secretary Ms. Pooja.

Financials

• Revenue from operations: Rs 6,424.27 Lakhs, up from Rs 5,806.39 Lakhs.
• Total income: Rs 6,448.12 Lakhs; PBT Rs 595.79 Lakhs; PAT Rs 435.38 Lakhs.
• EPS (basic/diluted): Rs 5.93; paid-up capital Rs 785.96 Lakhs; reserves Rs 2,795.95 Lakhs.
• Dividend for FY25-26: not declared.

IPO & Listing

• IPO raised Rs 19.11 Crores via 21,00,000 shares; listed on BSE SME on 1 July 2025.
• IPO utilisation: Working capital Rs 1,374.44 Lakhs; General corporate Rs 200.00 Lakhs.
• Unutilised IPO proceeds: Rs 425.56 Lakhs parked in fixed deposits as of 31 Mar 2026.
• Unutilised funds were temporarily invested in fixed deposits.

Capital Structure & Ownership

• Authorised share capital: Rs 10 Crores; Paid-up capital: Rs 7.8596 Crores.
• Issued equity shares: 78,59,600; promoter holding 53.24% at 31 Mar 2026.
• One class of equity shares with 1 vote per share; no separate dividend declared.
• Post-IPO, equity base expanded; further details disclosed in the notes.

Business & Operations

• Multi-state facilities management provider across Delhi, Haryana, UP, Punjab, HP, Rajasthan, Maharashtra, and Bangalore.
• Core offerings: MEP, Cleaning, Repair & Maintenance, and Soft/IFM services.
• Employees counted at 2,439 as of 31 Mar 2026.

Governance & Internal Controls

• Board: 3 Executive Directors and 3 Independent Directors.
• KMP changes: CS Mamzuza Malia resigned Aug 20, 2025; Pooja Makhija appointed Sep 1, 2025; CFO Tarun Sharma resigned Dec 15, 2025; Garima Moorjani appointed CFO Dec 29, 2025.
• Statutory Auditor: Singhal Gupta & Co. LLP; Secretarial Auditor: Raghav Bansal & Associates; Internal Auditor: new firm appointed for 2026-27.
• Board meetings: 9; Audit Committee: 6; Nomination & Remuneration: 2; Stakeholders' Relationship: 1.

Related Party Transactions

• Material RPT: Purchase of immovable property from promoter Pooja Makhija for Rs 2,95,00,000; board approval on Dec 29, 2025; possession transferred before year-end; registry completed in April 2026.

CSR & Sustainability

• CSR applicability arose in FY2025-26; obligation Rs 6,63,421; no CSR project identified.
• Unspent CSR amount of Rs 6,63,421 transferred to Clean Ganga Fund on 21 Aug 2026.
• CSR policy available on the company website; Annexure-3 provides CSR report.

Risks & Outlook

• MD&A highlights macro risk from wage-costs due to Labour Codes and energy price volatility.
• Competition from large FM players and shorter contract cycles raise revenue visibility risks.
• Emphasis on technology adoption to maintain competitive differentiation.

Key details

• Target Company: Icon Facilitators Limited.
• Disclosing Party: Dinesh Makhija, promoter/promoter group.
• Transaction Type: Acquisition of equity shares.
• Pre-Transaction Holding: 41,84,100 shares (53.23%).
• Transaction Details: 2,400 shares acquired; open market; 0.03%.
• Post-Transaction Holding: 41,86,500 shares (53.26%).
• Date of Transaction: August 10, 2026.
• Share Capital Context: Rs 7,85,96,000 before and after (7,859,600 shares).