Indra Group Calls Extraordinary General Shareholders’ Meeting
Indra Group, a leading global consulting and technology company, has scheduled an Extraordinary General Shareholders’ Meeting for its second call at noon on November 28, at the group’s headquarters in Alcobendas. The primary agenda is to seek shareholder approval for acquiring 89.68% of Hispasat’s share capital.
Background of the Acquisition
On January 31, 2025, Indra announced an agreement with Redeia to purchase 89.68% of Hispasat’s share capital. This acquisition depends on fulfilling regulatory conditions in Spain and other jurisdictions, implementing agreements that allow Indra to consolidate Hisdesat in its accounts, and obtaining approval from Indra’s General Shareholders’ Meeting.
Board Appointments and Ratifications
The meeting will also address the ratification, re-election, and appointment of directors. It includes appointing [translate:Mónica Espinosa] and [translate:Arancha Díaz-Lladó] as independent directors to fill vacancies left by [translate:Coloma Armero] and [translate:Olga San Jacinto]. The re-election of the latter two has not been proposed for this meeting, as detailed in the official reports available on Indra Group’s corporate website.
“The operation was subject to the fulfillment, within the period set by the parties, of certain conditions precedent of an essentially regulatory nature in Spain and other jurisdictions, the implementation of certain agreements enabling Indra to consolidate Hisdesat in Indra Group’s accounts for accounting purposes, and the approval of Indra’s General Shareholders’ Meeting.”
Indra remains committed to strengthening its technological partnership and expanding its strategic operations through this acquisition.
Summary: Indra Group plans to approve the acquisition of 89.68% of Hispasat and update its board with new independent directors at the upcoming Extraordinary General Shareholders’ Meeting.
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