AGM Details
- Date and Time: Thursday, August 13, 2026 at 03:30 PM (IST)
- Mode: Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
- Deemed Venue: Registered Office of the Company
- Record Date: August 6, 2026
- E-voting Period: August 10, 2026 (09:00 AM) to August 12, 2026 (05:00 PM)
- VC Platform: https://instavote.linkintime.co.in
Ordinary Business Items
Item 1: Adoption of Financial Statements
To receive, consider and adopt the Audited Financial Statements for FY ended March 31, 2026, together with Reports of Directors and Auditors.
Item 2: Dividend Declaration
To declare final dividend of ₹2.50 per equity share of ₹1 each for FY ended March 31, 2026.
Item 3: Director Re-appointment
To appoint Shri Shekhar Bajaj (DIN: 00089358) who retires by rotation and has offered himself for re-appointment.
- Date of first appointment: December 12, 1989
- Age: 78 years
- Qualifications: B.Sc. (Hons) Mathematics, MBA from New York University
- Current Shareholding: 9,06,400 shares
- Directorships: 5 listed companies including Bajaj Holdings & Investment Limited, Bajaj Electricals Limited
Special Business Items
Item 4: Re-appointment of Whole-time Director
Special Resolution for re-appointment of Shri Hariprasad Anandkishore Nevatia (DIN: 00066955) as Whole-time Director:
- Term: November 22, 2026 to November 21, 2028 (2 years)
- Remuneration: ₹25,000 per month plus perquisites
- Perquisites: Free use of company car with driver, telephone at residence, mobile phone at company's cost
- Age: 94 years
- Current Shareholding: 1,600 shares
- Justification: Extensive experience and contribution to strategic direction despite advanced age
Item 5: Material Related Party Transactions
Ordinary Resolution to approve related party transactions for FY 2026-27:
| Related Party | Nature | Transaction Type | Amount (FY 2026-27) |
| Bajaj Group Companies (11 entities) | Group Company | Equity Share Investment | ₹50 Crores |
| Bajaj Finserv Asset Management Ltd | Group Company | Mutual Fund Units | ₹50 Crores |
| Bajaj Group Companies (11 entities) | Group Company | Debt Exposures | ₹50 Crores |
| Indef Manufacturing Limited | Common directorship | Fund Transfer (demerger impact) | ₹10 Crores |
Total Proposed Limit: ₹160 Crores
Justification: Company is an Unregistered Core Investment Company primarily investing in group companies for efficient fund deployment and long-term value creation.
Item 6: Loans and Guarantees Authorization
Special Resolution to authorize loans, guarantees, securities, and inter-corporate deposits:
- Aggregate Limit: ₹100 Crores
- Purpose: Support company's strategic and business requirements, including deployment of surplus funds
- Authorization: Board authorized to decide terms and conditions including tenure, interest rates, security
Item 7: Chartered Accountant Certificate Ratification
Ordinary Resolution to take note of certificate from M/s. DD & Associates, Practicing Chartered Accountants, confirming compliance with Regulation 45(1) of SEBI (LODR) Regulations for the company's name change from Hercules Hoists Limited to Hercules Investments Limited.
Additional Information
- Annual Report Dispatch: Electronic dispatch to members on July 13, 2026
- Business Responsibility Report: BRSR for FY 2025-26 uploaded on company website
- Share Transfer Book Closure: August 7, 2026 to August 13, 2026 (both days inclusive)
- Scrutinizer: Mr. Vaibhav Dandawate (COP No. 27947) of M/s. Makarand M. Joshi & Co.
- RTA: MUFG InTime India Private Limited
- Voting Rights: Proportional to share in paid-up equity share capital as on cut-off date
Financial Context
The document references that the proposed related party transactions represent 559.3% of the company's annual turnover, indicating the material nature of these investments for the company.