Meeting Details

The 35th Annual General Meeting was held on Thursday, 24th September, 2026 through video conferencing/other audio-visual means in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI. The meeting commenced at 03:30 PM IST and concluded at 04:31 PM IST.

Resolutions Transacted

The following four ordinary resolutions were transacted through remote e-voting (both prior to and during the AGM):

  • Item 1(a): Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026, together with Reports of Board of Directors and Auditors
  • Item 1(b): Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026, together with Reports of Auditors
  • Item 2: Declaration of dividend on Equity Shares for Financial Year ended 31st March, 2026
  • Item 3: Decision not to fill vacancy caused by retirement by rotation of Mr. Jayendra R. Shah (DIN: 00132613)
  • Item 4: Approval for Material Related Party Transaction with Asian Paints Limited

Voting Process

The remote e-voting period commenced on Monday, 21st September, 2026 at 9:00 AM and ended on Wednesday, 23rd September, 2026 at 5:00 PM through the NSDL platform (www.evoting.nsdl.com). Members who had not cast votes through remote e-voting were provided opportunity to vote electronically during the AGM. Voting remained available for 15 minutes after conclusion of the AGM.

Attendance and Participation

  • Total members attended: 48 (4 Promoters/Promoter Group + 44 Public)
  • Directors present: All except Ms. Kalpana Merchant, Independent Director and Chairman of Stakeholder Relationship Committee (due to pre-occupation)
  • Other attendees: Representatives of Kalyaniwalla & Mistry LLP (Statutory Auditors), M/s. Nilesh Shah & Associates (Secretarial Auditors)
  • 13 speaker shareholders raised queries on financial performance and other relevant matters

Scrutinizer Appointment

Mr. Mayank Arora (FCS: 10378 and CP: 13609), Proprietor of M/s. Mayank Arora & Co., Practicing Company Secretaries, was appointed as Scrutinizer for scrutiny of votes cast through remote e-voting platform and electronic voting during AGM.

Compliance and Reporting

The company confirmed compliance with Companies Act, 2013 and SEBI LODR Regulations, 2015. The consolidated voting results and scrutinizer's report will be submitted to stock exchanges within two working days and will be available on company website (www.hitechcorporation.co) and NSDL website.