Meeting Details

The 33rd Annual General Meeting of Hexagon Nutrition Limited was held on Tuesday, 22 September 2026 at 11:30 AM IST through Video Conferencing/Other Audio-Visual Means (VC/OAVM).

Voting Process

The company provided remote e-voting facility from Saturday, 19 September 2026 (9:00 AM IST) to Monday, 21 September 2026 (5:00 PM IST). E-voting was also available during the AGM and for 15 minutes after the meeting concluded for members who had not voted remotely.

Record Date

The record date for determining shareholders entitled to vote was 15 September 2026. Total number of shareholders on record date was 22,335.

Scrutinizer Appointment

M/s D. A. Kamat & Co., Company Secretaries, specifically CS Rachana Shanbhag (FCS: 8227/CP: 9297), was appointed as Scrutinizer for the remote e-voting and e-voting process.

Voting Results Summary

Out of 11 resolutions presented, 8 were passed with requisite majority and 3 were not passed:

Passed Resolutions:

1. Resolution 1: Adoption of Standalone and Consolidated financial statements for FY 2025-26 (Ordinary Resolution)

2. Resolution 2: Re-appointment of Dr. Nikhil Arun Kelkar (DIN: 02302369) as Joint Managing Director (Ordinary Resolution)

3. Resolution 3: Declaration of Dividend for Financial Year 2025-26 (Ordinary Resolution)

4. Resolution 4: Ratification of remuneration to Cost Auditors for FY 2026-27 (Ordinary Resolution)

5. Resolution 5: Appointment of M/s N. L. Bhatia & Associates as Secretarial Auditor (Ordinary Resolution)

6. Resolution 6: Appointment of Mr. Raghunath Sawant (DIN: 11863172) as Executive Director (Special Resolution)

7. Resolution 9: Revision in remuneration of Dr. Nikhil Arun Kelkar (DIN: 02302369), Joint Managing Director (Special Resolution)

8. Resolution 10: Alteration of Articles of Association by deletion of Part B and removal of references relating to Malani Ventures Private Limited and its affiliates (Special Resolution)

Not Passed Resolutions:

7. Resolution 7: Revision in remuneration of Mr. Arun Purushottam Kelkar (DIN: 00171276), Chairman and Executive Director (Special Resolution)

8. Resolution 8: Revision in remuneration of Mr. Vikram Arun Kelkar (DIN: 02302364), Managing Director (Special Resolution)

11. Resolution 11: Re-appointment of Mr. Arun Purushottam Kelkar (DIN: 00171276) as Chairman & Executive Director (Special Resolution)

Detailed Voting Statistics

Resolution 1 (Ordinary - Financial Statements Adoption)

  • Total valid votes: 83,126,960 (67.63% of outstanding shares)
  • Votes in favor: 83,126,960 (100% of votes cast)
  • 85 members voted unanimously in favor

Resolution 2 (Ordinary - Re-appointment of Dr. Nikhil Arun Kelkar)

  • Total valid votes: 4,055,160 (3.30% of outstanding shares)
  • Votes in favor: 4,055,159 (99.99997534%)
  • Votes against: 1 (0.00002466%)
  • 80 members voted in favor, 1 against

Resolution 3 (Ordinary - Dividend Declaration)

  • Total valid votes: 83,126,960 (67.63% of outstanding shares)
  • Votes in favor: 83,126,960 (100% of votes cast)
  • 85 members voted unanimously in favor

Resolution 4 (Ordinary - Cost Auditor Remuneration Ratification)

  • Total valid votes: 83,126,960 (67.63% of outstanding shares)
  • Votes in favor: 83,126,960 (100% of votes cast)
  • 85 members voted unanimously in favor

Resolution 5 (Ordinary - Secretarial Auditor Appointment)

  • Total valid votes: 83,126,960 (67.63% of outstanding shares)
  • Votes in favor: 80,659,162 (97.03%)
  • Votes against: 2,467,798 (2.97%)
  • 81 members voted in favor, 4 against

Resolution 6 (Special - Executive Director Appointment)

  • Total valid votes: 83,126,960 (67.63% of outstanding shares)
  • Votes in favor: 83,126,623 (99.9995946%)
  • Votes against: 337 (0.000405404%)
  • 82 members voted in favor, 3 against

Resolution 7 (Special - Chairman Remuneration Revision) - NOT PASSED

  • Total valid votes: 4,055,160 (3.30% of outstanding shares)
  • Votes in favor: 1,587,029 (39.13603902%)
  • Votes against: 2,468,131 (60.86396098%)
  • 76 members voted in favor, 5 against

Resolution 8 (Special - MD Remuneration Revision) - NOT PASSED

  • Total valid votes: 4,055,140 (3.30% of outstanding shares)
  • Votes in favor: 1,587,009 (39.13573884%)
  • Votes against: 2,468,131 (60.86426116%)
  • 75 members voted in favor, 5 against

Resolution 9 (Special - JMD Remuneration Revision)

  • Total valid votes: 4,055,160 (3.30% of outstanding shares)
  • Votes in favor: 4,054,824 (99.99171426%)
  • Votes against: 336 (0.00828574%)
  • 79 members voted in favor, 2 against

Resolution 10 (Special - AOA Alteration)

  • Total valid votes: 83,126,960 (67.63% of outstanding shares)
  • Votes in favor: 83,126,527 (99.99947911%)
  • Votes against: 433 (0.00052089%)
  • 83 members voted in favor, 2 against

Resolution 11 (Special - Chairman Re-appointment) - NOT PASSED

  • Total valid votes: 4,055,160 (3.30% of outstanding shares)
  • Votes in favor: 1,587,365 (39.14432476%)
  • Votes against: 2,467,795 (60.85567524%)
  • 78 members voted in favor, 3 against

Shareholding Pattern Analysis

Total outstanding shares: 122,918,109

  • Promoter and Promoter Group: 79,071,800 shares (64.33%)
  • Public Institutions: 5,466,318 shares (4.45%)
  • Public Non-Institutions: 38,379,991 shares (31.22%)

Additional Information

The voting results and scrutinizer's report are available on the company's website at www.hexagonnutrition.com.

The scrutinizer's report dated 23 September 2026 confirms the voting process was conducted fairly and transparently through NSDL's e-voting platform.