Hikal Limited has disclosed the results of a postal ballot conducted through a remote e-voting process. The ballot sought shareholder approval for a single special resolution.

The resolution was for the appointment of Mr. Sandip Parikh (DIN: 00030990) as an Independent Director of the company. His appointment was for a first term of 5 (five) consecutive years commencing from May 27, 2026. He had previously been appointed as an Additional Director in the category of Independent Director by the Board of Directors effective May 27, 2026.

The voting was conducted in accordance with Regulation 44(3) of the SEBI Listing Regulations, the Companies Act, 2013, and the Companies (Management and Administration) Rules, 2014.

Dhrumil M. Shah of Dhrumil M. Shah & Co. LLP, Practising Company Secretaries, was appointed as the Scrutinizer by the Board of Directors on May 27, 2026, to scrutinize the process.

The record date for determining members eligible to vote was Friday, May 29, 2026. The remote e-voting period commenced at 09:00 AM IST on Friday, June 5, 2026, and concluded at 05:00 PM IST on Saturday, July 4, 2026.

The votes were unblocked and downloaded from the NSDL platform on July 4, 2026, at 05:02 PM in the presence of witnesses Dhiraj Palav and Khushi Shukla.

Voting Results

Based on the Scrutinizer's report dated July 6, 2026, the special resolution was passed with the requisite majority.

  • Total Number of Shareholders on record date: 75,193
  • Total Number of Votes Polled: 52,751,478
  • Percentage of Votes Polled on Outstanding Shares: 42.7828%

Category-wise Voting Details:

  • Promoter & Promoter Group:
  • Shares Held: 84,892,764
  • Votes Polled: 42,952,014 (50.5956% of shares held)
  • Votes In Favour: 42,952,014 (100% of votes polled)
  • Votes Against: 0
  • Public Institutions:
  • Shares Held: 10,074,051
  • Votes Polled: 8,887,445 (88.2212% of shares held)
  • Votes In Favour: 8,887,445 (100% of votes polled)
  • Votes Against: 0
  • Public - Non-Institutions:
  • Shares Held: 28,333,935
  • Votes Polled: 912,019 (3.2188% of shares held)
  • Votes In Favour: 904,912 (99.2207% of votes polled)
  • Votes Against: 7,107 (0.7793% of votes polled)

Overall Resolution Result:

  • Total Votes In Favour: 52,744,371 (99.9865% of votes polled)
  • Total Votes Against: 7,107 (0.0135% of votes polled)
  • Invalid Votes: 0

The Scrutinizer's Report and voting results have been made available on the company's website (www.hikal.com) and will be uploaded on the NSDL website.

The company has requested the stock exchanges to take the above information on record.