Meeting Details

  • NSE Symbol: HPIL
  • Type of Meeting: 18th Annual General Meeting (AGM)
  • Date of Meeting: September 28, 2026
  • Meeting Time: 02:32 PM to 02:37 PM
  • Meeting Format: Conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Record Date: September 21, 2026

Proposed Resolutions and Implications

Four resolutions were presented for shareholder approval:

Resolution 1 (Ordinary Business): To receive, consider and adopt the Audited Standalone Financial Statements including Balance Sheet as at March 31, 2026, Statement of Profit and Loss and Cash Flow for the year ended on March 31, 2026, and the Reports of the Board of Directors' and Auditors' thereon.

Resolution 2 (Ordinary Business): To appoint a director in place of Mr. Santosh Narayan Nambiar (DIN: 00144542), who retires by rotation and being eligible, offers himself for re-appointment. Promoters were interested in this resolution.

Resolution 3 (Special Business): To ratify the remuneration payable to M/s. A.G. Tulsian & Co., Cost Accountants (Firm Registration Number 100629) as Cost Auditor of the Company for the Financial Year ending March 31, 2027.

Resolution 4 (Special Business): To re-appoint Mr. Rushabh Shah (DIN: 09012222) as an Independent Director of the Company for a second term of five consecutive years.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Available from September 25, 2026 (9:00 AM IST) to September 27, 2026 (5:00 PM IST)
  • E-voting during AGM: Available for members attending the virtual meeting who had not previously voted
  • No physical polling or postal ballot was conducted
  • Scrutinizer: Mr. Uday Dave of Parikh Dave & Associates (Practicing Company Secretaries)
  • Scrutinizer Appointment Date: August 12, 2026
  • Scrutinizer Report Date: September 28, 2026

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 3,026
  • Shareholders present through video conferencing: 24 (4 Promoters, 20 Public)
  • No shareholders present in person or through proxy
  • Total outstanding shares: 11,424,110
  • Total votes cast across all resolutions: 2,701,405 shares (23.65% of outstanding shares)

Resolution-wise Results

Resolution 1: Adoption of Financial Statements

  • Total votes: 2,701,405 (23.65% of outstanding shares)
  • Votes in favor: 2,701,404 (100% of votes polled)
  • Votes against: 1 (0.000037% of votes polled)
  • Result: Passed

Resolution 2: Re-appointment of Mr. Santosh Narayan Nambiar

  • Total votes: 2,701,405 (23.65% of outstanding shares)
  • Votes in favor: 2,701,404 (100% of votes polled)
  • Votes against: 1 (0.000037% of votes polled)
  • Result: Passed

Resolution 4: Re-appointment of Mr. Rushabh Shah as Independent Director

  • Total votes: 2,701,405 (23.65% of outstanding shares)
  • Votes in favor: 2,701,404 (100% of votes polled)
  • Votes against: 1 (0.000037% of votes polled)
  • Result: Passed

Category-wise Voting Breakdown

Promoter & Promoter Group

  • Shares held: 8,550,955
  • Votes polled: 2,241,340 (26.21% of shares held)
  • All votes cast in favor of all resolutions (100%)
  • Voting method: Entirely through remote e-voting

Public Non-Institutions

  • Shares held: 2,873,155
  • Votes polled: 460,065 (16.01% of shares held)
  • Votes in favor: 460,064 (99.9998% of votes polled)
  • Votes against: 1 (0.0002% of votes polled)
  • Voting method: Entirely through remote e-voting

Public Institutions

  • No votes cast from this category

Scrutinizer's Role and Findings

Mr. Uday Dave, appointed scrutinizer, confirmed:

  • The voting process was conducted in compliance with Section 108 and 109 of the Companies Act, 2013 and Rule 20 and 21(2) of the Companies (Management and Administration) Rules, 2014
  • Remote e-voting was conducted through CDSL's e-voting platform
  • The electronic data and relevant records were under his safe custody
  • Votes were unblocked after the AGM in presence of two witnesses (Mrs. Riddhi Brahmbhatt and Mr. Yash Parmar)
  • All resolutions received overwhelming support with only one dissenting vote across all resolutions

Compliance Confirmation

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 44)
  • Companies Act, 2013 (Sections 108, 109, and 102)
  • Companies (Management and Administration) Rules, 2014
  • MCA and SEBI circulars permitting virtual AGMs

Additional Information

  • Corporate Identity Number: L24100GJ2008PLC055401
  • Contact: Tel: +91 79 68127000, Fax: +91 79 68127096, Email: info@hindprakash.com, URL: www.hindprakash.in