Date, Location, and Type of Meeting

The 62nd Annual General Meeting was held on Tuesday, 29th September, 2026, commencing at 11:45 a.m. and concluding at 12:24 p.m. The meeting was conducted entirely through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) without physical presence of members, in compliance with MCA General Circular No. 20/2020 dated 5th May, 2020 and subsequent circulars including General Circular No. 03/2025 dated 22nd September, 2025, along with relevant SEBI circulars. The registered office of the Company at Peninsula Business Park, Tower 'A', 8th Floor, 801, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013 was deemed the venue for the meeting.

Summary of Proposed Resolutions

The following seven resolutions were transacted at the meeting:

Ordinary Business:

  • Item 1: Adoption of Standalone Audited Financial Statements of the Company for the financial year ended 31st March, 2026
  • Item 2: Declaration of dividend @ 40% i.e. Rs. 2/- per share on the equity shares having face value of Rs. 5/- each fully paid-up for the financial year ended 31st March, 2026
  • Item 3: Appointment of a director in place of Mr. P. K. Choudhary (DIN: 00535670), who retired by rotation and being eligible, offered himself for re-appointment

Special Business:

  • Item 4: Approval of payment of commission to Mr. Lalit Kumar Bararia, Mrs. Preeti Agrawal, Mr. Rajan Dalal and Mr. Snehal Muzoomdar, Independent Directors of the Company for the financial year ended 31st March, 2026
  • Item 5: Approval of revision in remuneration payable to Mr. P. K. Choudhary (DIN: 00535670), Managing Director of the Company w.e.f. 1st April, 2026 for the remaining period of his current tenure
  • Item 6: Ratification of the remuneration payable to the Cost Auditors of the Company for the financial year ending 31st March, 2027
  • Item 7: Appointment of M/s. R M Mimani & Associates LLP, Company Secretaries as Secretarial Auditors of the Company for a term of 5 consecutive years i.e. from financial year 2026-27 till financial year 2030-31

Voting Process and Methods Used

The Company provided remote e-voting facility through the e-voting system provided by Central Depository Services (India) Limited (CDSL). Remote e-voting commenced on 26th September, 2026 at 9:00 hrs. and concluded on 28th September, 2026 at 17:00 hrs. Members present at the AGM who had not cast their vote through remote e-voting were given an opportunity to vote through the e-voting system during the meeting, which remained open until 15 minutes after the conclusion of the AGM.

Scrutinizer's Role and Appointment

CS Manish Baldeva, Proprietor of M/s. M Baldeva Associates, Company Secretaries, Mumbai was appointed as Scrutinizer to scrutinize the e-voting process in a fair and transparent manner. The combined results of the e-voting (remote e-voting and e-voting at AGM) along with the Scrutinizer's report were to be submitted to the Stock Exchanges within stipulated timelines.

Key Voting Outcomes

The document states that the voting results will be declared within 2 working days from the conclusion of the meeting and will be displayed at the Registered Office of the Company. The results will also be available on the Company's website (www.hindcompo.com) and on the CDSL website (www.evotingindia.com), and will be communicated to BSE Limited and National Stock Exchange of India Limited.

Compliance with Laws and Regulations

The meeting was conducted in compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard - 2 on General Meetings (SS-2) issued by ICSI
  • MCA General Circular No. 20/2020 and subsequent circulars including General Circular No. 03/2025
  • Relevant SEBI circulars

Attendance and Quorum

Total 55 members attended the AGM through VC/OAVM. The following persons were present:

Directors and Key Managerial Personnel:

  • Mr. Pawan Kumar Choudhary, Non Executive Director and Chairman of Risk Management Committee
  • Mr. Lalit Kumar Bararia, Independent Director and Chairman of Audit Committee and Nomination and Remuneration Committee
  • Mr. Vinay Sarin, Non-Executive Director and Chairman of Stakeholders' Relationship Committee and Corporate Social Responsibility Committee
  • Mr. Snehal Muzoomdar, Independent Director
  • Mrs. Preeti Agrawal, Independent Director
  • Mr. Sunil Jindal, Chief Financial Officer
  • Mr. Arvind Purohit, Company Secretary & Compliance Officer

Other Representatives:

  • Mr. Ravindra Bafna, representative of M/s. Lodha & Co. LLP, Chartered Accountants, Statutory Auditors
  • Mr. Manish Baldeva, Proprietor of M/s. M Baldeva Associates, Company Secretaries, Scrutinizer
  • CS Manoj Mimani, Partner M/s. R M Mimani & Associates LLP, Company Secretaries, Proposed Secretarial Auditors
  • Mr. Prakash Chand Saini, representative of M/s. S M M P & Company, Chartered Accountants, Internal Auditors

Additional Proceedings

Members raised queries during the meeting which were addressed by the Chairman to their satisfaction. The Statutory Auditors' Reports contained no qualifications, reservations, or adverse remarks, and therefore were not required to be read in the meeting. Similarly, the Secretarial Auditors' Report contained no observations and was not required to be read.