H.G. Infra Engineering Limited 24th Annual General Meeting Proceedings

Meeting Details

The 24th Annual General Meeting of H.G. Infra Engineering Limited was held on Wednesday, August 19, 2026, at 02:00 p.m. (IST) through Video Conferencing/Other Audio Visual Means in compliance with MCA and SEBI circulars.

Attendance

  • Mr. Harendra Singh, Chairman and Managing Director, commenced the meeting
  • All Directors attended except Ms. Sharada Sunder and Dr. Sunil Kumar Chaudhary (Independent Directors)
  • Chairpersons of Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee were present
  • 66 shareholders attended through VC: 11 from Promoter/Promoter group and 55 from Public
  • Total shareholders on record date (August 12, 2026): 120,158

Business Transacted

The following eight resolutions were passed with requisite majority:

Ordinary Business:

1. Adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026, and reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of final dividend of ₹2 per equity share of ₹10 each for FY ended March 31, 2026 (Ordinary Resolution)

3. Re-appointment of Mr. Vijendra Singh Choudhary (DIN: 01688452) as Director retiring by rotation (Ordinary Resolution)

Special Business:

4. Re-appointment of Mr. Harendra Singh (DIN: 00402458) as Managing Director for third term of five consecutive years (Special Resolution)

5. Re-appointment of Mr. Vijendra Singh Choudhary (DIN: 01688452) as Whole Time Director for third term of five consecutive years (Special Resolution)

6. Increase in borrowing limits under section 180(1)(c) of Companies Act, 2013 (Special Resolution)

7. Increase in limits for creation of charges and securities under section 180(1)(a) of Companies Act, 2013 (Special Resolution)

8. Ratification of remuneration payable to Cost Auditors for FY ending March 31, 2027 (Ordinary Resolution)

Voting Process

  • Remote e-voting period: August 16, 2026 (9:00 a.m.) to August 18, 2026 (5:00 p.m.)
  • E-voting during AGM available until 30 minutes after meeting conclusion
  • Scrutinizer: Ms. Heena Lakhani, Partner, M/s. Deepak Arora & Associates, Practicing Company Secretaries
  • Total shares outstanding: 65,171,111

Detailed Voting Results

Resolution 1 (Financial Statements Adoption):

  • Total votes polled: 53,512,216 (82.1103% of outstanding shares)
  • Votes in favor: 53,512,182 (99.9999% of votes polled)
  • Votes against: 34 (0.0001% of votes polled)
  • 1 member abstained (12,895 shares)

Resolution 2 (Final Dividend ₹2 per share):

  • Total votes polled: 53,525,111 (82.1301% of outstanding shares)
  • Votes in favor: 53,525,071 (99.9999% of votes polled)
  • Votes against: 40 (0.0001% of votes polled)

Resolution 3 (Re-appointment of Vijendra Singh Choudhary as Director):

  • Total votes polled: 53,525,111 (82.1301% of outstanding shares)
  • Votes in favor: 53,475,036 (99.9064% of votes polled)
  • Votes against: 50,075 (0.0936% of votes polled)

Resolution 4 (Re-appointment of Harendra Singh as Managing Director):

  • Total votes polled: 53,525,111 (82.1301% of outstanding shares)
  • Votes in favor: 53,475,145 (99.9066% of votes polled)
  • Votes against: 49,966 (0.0934% of votes polled)

Resolution 5 (Re-appointment of Vijendra Singh Choudhary as Whole Time Director):

  • Total votes polled: 53,525,111 (82.1301% of outstanding shares)
  • Votes in favor: 53,475,065 (99.9065% of votes polled)
  • Votes against: 50,046 (0.0935% of votes polled)

Resolution 6 (Increase Borrowing Limits):

  • Total votes polled: 53,525,111 (82.1301% of outstanding shares)
  • Votes in favor: 51,247,058 (95.7440% of votes polled)
  • Votes against: 2,278,053 (4.2560% of votes polled)

Resolution 7 (Increase Creation of Charges):

  • Total votes polled: 53,525,111 (82.1301% of outstanding shares)
  • Votes in favor: 49,640,802 (92.7430% of votes polled)
  • Votes against: 3,884,309 (7.2570% of votes polled)

Resolution 8 (Ratify Cost Auditor Remuneration):

  • Total votes polled: 53,525,111 (82.1301% of outstanding shares)
  • Votes in favor: 53,525,067 (99.9999% of votes polled)
  • Votes against: 44 (0.0001% of votes polled)

Director Re-appointment Details

Mr. Harendra Singh (DIN: 00402458):

  • Re-appointed as Managing Director for third term of five consecutive years
  • Effective from May 15, 2027
  • Over 32 years experience in construction industry
  • Board member since incorporation, Managing Director since May 15, 2017
  • Bachelor's Degree in Engineering (Civil) from Jodhpur University
  • Brother of Mr. Vijendra Singh Choudhary
  • Not debarred from directorship by SEBI or any authority

Mr. Vijendra Singh Choudhary (DIN: 01688452):

  • Re-appointed as Whole Time Director for third term of five consecutive years
  • Effective from May 15, 2027
  • Board member since incorporation, Whole-time Director since May 15, 2017
  • Over 34 years experience in construction industry
  • Brother of Mr. Harendra Singh
  • Not debarred from directorship by SEBI or any authority

Additional Information

  • Statutory Auditors and Secretarial Auditors reports contained no qualifications, reservations or adverse remarks
  • Transcript of AGM and Chairman's speech available on company website: https://www.hginfra.com/
  • Meeting concluded at 03:54 p.m. (IST)
  • All annexures (I-IV) form part of this disclosure