Meeting Details

  • Meeting Type: 79th Annual General Meeting (AGM)
  • Meeting Date: Thursday, August 6, 2026
  • Meeting Time: 3:00 PM IST
  • Record Date: July 30, 2026
  • Total Shareholders on Record Date: 29,874

Proposed Resolutions and Implications

Six resolutions were proposed and approved at the AGM:

1. Ordinary Resolution: Adoption of Standalone and Consolidated Financial Statements for FY ended March 31, 2026

2. Ordinary Resolution: Declaration of Final Dividend of ₹15 per share for FY 2025-26

3. Ordinary Resolution: Re-appointment of Ms. Amita Birla (DIN: 00837718) who retires by rotation

4. Special Resolution: Approval of remuneration for Mr. Akshat Seth, Managing Director & CEO for FY 2026-27

5. Ordinary Resolution: Approval of long-term cash incentive to Ms. Avanti Birla, President Strategy (a related party)

6. Ordinary Resolution: Ratification of remuneration of Cost Auditors for FY ending March 31, 2027

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting via NSDL (National Securities Depository Limited)
  • Voting period: August 3, 2026 (9:00 AM IST) to August 5, 2026 (5:00 PM IST)
  • Remote e-voting during AGM: Provided to shareholders present through VC/OAVM who hadn't voted earlier
  • Scrutinizer: Mohit Gurjar of P.S. Rao & Associates, Practicing Company Secretaries

Key Voting Outcomes

Overall Participation

  • Total outstanding shares: 7,540,899
  • Total votes polled: 3,353,430 shares (44.47% of outstanding shares)
  • Shareholder attendance:
  • Promoters present: 1
  • Public shareholders through video conferencing: 55

Resolution-wise Results

Resolution 1: Adoption of Financial Statements

  • Total votes: 3,349,395 (44.42% turnout)
  • In favor: 3,349,180 (99.9936%)
  • Against: 215 (0.0064%)
  • Passed: Yes

Resolution 2: Final Dividend of ₹15/share

  • Total votes: 3,353,430 (44.47% turnout)
  • In favor: 3,353,307 (99.9963%)
  • Against: 123 (0.0037%)
  • Passed: Yes

Resolution 3: Re-appointment of Ms. Amita Birla

  • Data not fully extracted in voting table
  • Scrutinizer report shows 3,351,438 votes in favor (99.94%) and 1,992 against (0.06%)
  • Passed: Yes

Resolution 4: Remuneration of Mr. Akshat Seth (Special Resolution)

  • Total votes: 3,353,430 (44.47% turnout)
  • In favor: 3,310,987 (98.7343%)
  • Against: 42,443 (1.2657%)
  • Passed: Yes

Resolution 5: Cash Incentive to Ms. Avanti Birla (Related Party Transaction)

  • Promoter group votes not considered (3,059,212 shares)
  • Total votes considered: 294,218 (3.9016% turnout)
  • In favor: 251,460 (85.4672%)
  • Against: 42,758 (14.5328%)
  • Passed: Yes

Resolution 6: Ratification of Cost Auditors' Remuneration

  • Data not fully extracted in voting table
  • Scrutinizer report shows 3,353,015 votes in favor (99.99%) and 415 against (0.01%)
  • Passed: Yes

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares held: 3,059,212
  • Voted consistently 100% in favor on all resolutions where eligible
  • Did not vote on Resolution 5 (related party transaction)

Public Institutions

  • Shares held: 530,653
  • Turnout: 7.38-8.14% across resolutions
  • Voted overwhelmingly against Resolutions 4 (94.05% against) and 5 (94.05% against)

Public Non-Institutions

  • Shares held: 3,951,034
  • Turnout: 6.35% across resolutions
  • Generally supportive, with 99.27-99.91% in favor on most resolutions

Scrutinizer's Role and Findings

  • Scrutinizer: Mohit Gurjar, Company Secretary (CP No. 18644) of P.S. Rao & Associates
  • Appointment: By Board of Directors pursuant to Section 108 of Companies Act, 2013
  • Responsibilities: Scrutinize remote e-voting process before and during AGM
  • Findings: All resolutions passed with requisite majority; no invalid votes reported
  • Report Date: August 6, 2026
  • UDIN: A020557H001040873

Compliance Confirmation

  • Compliance with Section 108 of Companies Act, 2013
  • Compliance with Rule 20 of Companies (Management and Administration) Rules, 2014
  • Compliance with SEBI Listing Regulations
  • Compliance with MCA Circulars including General Circular No. 3/2025 dated September 22, 2025

Additional Information

  • Results available on company website: www.birlanu.com
  • The company was formerly known as HIL Limited