Meeting Details

The 32nd Annual General Meeting of HB Estate Developers Limited was held on Wednesday, September 9, 2026 at 12:00 Noon through Video Conferencing (VC) / Other Audio Visual Means (OAVM) without physical presence of members. The meeting was conducted in accordance with the Companies Act, 2013 and relevant SEBI and MCA circulars.

Attendance Statistics

  • Total number of shareholders on record date: 64,988
  • Shareholders attending through VC/OAVM: 98 (12 from Promoter & Promoter Group, 86 Public)
  • Meeting duration: 12:00 Noon to 12:17 PM (17 minutes)

Voting Process Details

The company engaged NSDL for e-voting services:

  • Remote e-voting period: September 6, 2026 (09:00 AM) to September 8, 2026 (05:00 PM)
  • E-voting during AGM: Available during meeting and for 15 minutes after conclusion
  • Cut-off date for voting eligibility: September 2, 2026
  • Scrutinizer: Ms. Jaya Yadav, Company Secretary in Practice (C/O Jaya Yadav and Associates)

Business Transacted

Ordinary Business:

1. Adoption of Audited Financial Statements including Consolidated Financial Statements for the financial year ended March 31, 2026 together with the reports of the Board of Directors and Auditors thereon - Ordinary Resolution

2. Re-appointment of Mr. Anil Goyal (DIN: 00001938) as Director who retires by rotation and being eligible offers himself for re-appointment - Ordinary Resolution

Voting Results

Resolution 1(A): Adoption of Audited Financial Statements

  • Total votes polled: 16,482,767 shares (71.7892% of outstanding shares)
  • Votes in favor: 16,482,416 shares (99.9979% of votes polled)
  • Votes against: 351 shares (0.0021% of votes polled)
  • Result: Passed

Resolution 1(B): Adoption of Audited Consolidated Financial Statements

  • Total votes polled: 16,482,767 shares (71.7892% of outstanding shares)
  • Votes in favor: 16,482,416 shares (99.9979% of votes polled)
  • Votes against: 351 shares (0.0021% of votes polled)
  • Result: Passed

Resolution 2: Re-appointment of Mr. Anil Goyal

  • Total votes polled: 16,482,767 shares (71.7892% of outstanding shares)
  • Votes in favor: 16,482,416 shares (99.9979% of votes polled)
  • Votes against: 351 shares (0.0021% of votes polled)
  • Result: Passed

Category-wise Voting Breakdown

Promoter and Promoter Group (15,554,827 shares)

  • 100% participation through e-voting
  • 100% votes in favor of all resolutions
  • 0% votes against all resolutions

Public Institutions (3,923 shares)

  • 25.8731% participation through e-voting (1,015 shares)
  • 100% votes in favor of all resolutions
  • 0% votes against all resolutions

Public Non-Institutions (7,401,197 shares)

  • 12.5240% participation through e-voting (926,925 shares)
  • 99.9621% votes in favor of all resolutions
  • 0.0379% votes against all resolutions (351 shares)

Meeting Proceedings

Mr. Lalit Bhasin (DIN: 00002114), Director (Chairman) presided over the meeting. Mr. N VK Rao, Company Secretary, welcomed members and conducted proceedings. All Directors attended through their respective locations. The Chairman of Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee along with Statutory Auditors, Secretarial Auditor, and Scrutinizer were present.

The Company Secretary confirmed that:

  • Notice of AGM and Annual Report were sent electronically to members
  • No qualifications, reservations, adverse remarks, observations, comments or disclaimer in Statutory or Secretarial Auditors' reports
  • All required registers were available for electronic inspection

Mr. Anil Goyal, Director, addressed questions and queries from members during the meeting.

Scrutinizer's Report

Ms. Jaya Yadav submitted the Consolidated Scrutinizer's Report confirming:

  • All resolutions passed with requisite majority
  • E-voting process was fair and transparent
  • Results were downloaded and scrutinized in presence of two witnesses (Ms. Anushree Khunteta and Ms. Monisha Tiwari) on September 9, 2026 at 12:45 PM
  • Voting records will be maintained until minutes are approved

Additional Information

The Voting Results and Scrutinizer's Report are available on the company's website (http://www.hbestate.com) and NSDL's website (https://www.evoting.nsdl.com).