Hester Biosciences 39th AGM All Resolutions Passed

Meeting Details

The 39th Annual General Meeting was held on Tuesday, 21 July 2026 through Video Conferencing/Other Audio Visual Means. The meeting commenced at 10:32 a.m. and concluded at 11:08 a.m. Cut-off date for determining voting rights was 14 July 2026, with 11,929 equity shareholders on record.

Voting Methodology

Remote e-voting was conducted through Central Depository Services (India) Ltd (CDSL) from 09:00 a.m. on 18 July 2026 to 05:00 p.m. on 20 July 2026. Mr. Tapan Shah (FCS: 4476), Practicing Company Secretary, was appointed as Scrutinizer. No members voted during the AGM itself - all voting occurred through remote e-voting.

Resolution Results

All six resolutions placed before members were passed with requisite majority:

Resolution 1: Adoption of Audited Standalone Financial Statements (Ordinary Resolution)

• Total votes polled: 4,739,709 shares (55.72% of outstanding shares)
• Votes in favor: 4,739,708 (100.00% of votes polled)
• Votes against: 1 share (negligible)

Resolution 2: Adoption of Audited Consolidated Financial Statements (Ordinary Resolution)

• Total votes polled: 4,739,709 shares (55.72% of outstanding shares)
• Votes in favor: 4,739,708 (100.00% of votes polled)
• Votes against: 1 share (negligible)

Resolution 3: Declaration of Dividend on Equity Shares (Ordinary Resolution)

• Total votes polled: 4,739,709 shares (55.72% of outstanding shares)
• Votes in favor: 4,739,708 (100.00% of votes polled)
• Votes against: 1 share (negligible)

Resolution 4: Re-appointment of Mr. Sanjiv Gandhi (DIN: 00024548) as Director (Ordinary Resolution)

• Total votes polled: 4,041,889 shares (47.51% of outstanding shares)
• Votes in favor: 4,028,711 (99.67% of votes polled)
• Votes against: 13,178 shares (0.33% of votes polled)

Resolution 5: Ratification of Cost Auditors' Remuneration for FY2027 (Ordinary Resolution)

• Total votes polled: 4,739,709 shares (55.72% of outstanding shares)
• Votes in favor: 4,739,708 (100.00% of votes polled)
• Votes against: 1 share (negligible)

Resolution 6: Re-appointment of Ms. Priya Gandhi as Executive Director (Special Resolution)

• Total votes polled: 4,739,709 shares (55.72% of outstanding shares)
• Votes in favor: 4,729,813 (99.79% of votes polled)
• Votes against: 9,896 shares (0.21% of votes polled)

Shareholder Participation

• 57 members participated in remote e-voting for resolutions 1, 2, 3, 5, and 6
• 53 members participated in remote e-voting for resolution 4
• No members voted during the AGM itself
• Promoter group holding: 4,570,944 shares
• Public institutional holding: 26,714 shares
• Other public holding: 3,909,207 shares
• Total outstanding shares: 8,506,865 shares

Scrutinizer Report

The scrutinizer confirmed that the voting process was conducted fairly and transparently. The results were unblocked and downloaded from the CDSL platform at 11:23 a.m. on 21 July 2026 in the presence of two witnesses.