Meeting Details

  • Date of AGM: Wednesday, September 30, 2026
  • Time: 11:00 a.m. IST
  • Location: Conducted through Video Conference/Other Audio Visual Means (VC/OAVM)
  • Type of Meeting: 17th Annual General Meeting
  • Record Date: Wednesday, September 23, 2026
  • Total Shareholders on Record Date: 81,782

Proposed Resolutions and Implications

All 07 (Seven) resolutions proposed in the Notice of 17th AGM were duly approved and passed by the Members with requisite majority:

1. Ordinary Resolution: To receive, consider and adopt the audited standalone financial statements for FY ended March 31, 2026, with reports of Board and Statutory Auditors

2. Ordinary Resolution: To receive, consider and adopt the audited consolidated financial statements for FY ended March 31, 2026, with report of Statutory Auditors

3. Ordinary Resolution: To appoint Mr. Asheesh Mohta (DIN: 00358583) as director who retires by rotation

4. Special Resolution: To approve Horizon Industrial Parks Limited Employee Stock Option Plan 2025

5. Ordinary Resolution: To appoint Secretarial Auditors

6. Special Resolution: To approve Borrowing limit under Section 180(1)(c) of Companies Act, 2013

7. Special Resolution: To approve creation of encumbrance, mortgage, charge, hypothecation, pledge and/or any other security interest, including approval for potential disposal of assets

Voting Process and Methods

  • Remote e-voting period: September 26, 2026 (9:00 a.m. IST) to September 29, 2026 (5:00 p.m. IST)
  • E-voting at AGM: Conducted during the AGM on September 30, 2026
  • Service Provider: KFin Technologies Limited appointed for remote e-voting and e-voting services
  • Members who voted through remote e-voting prior to AGM were not entitled to vote again at AGM

Key Voting Outcomes

Resolution 1 (Ordinary - Standalone Financials)

  • Total votes cast: 2,52,06,76,397
  • In favor: 2,52,06,76,397 (99.9999%)
  • Against: 2,906 (0.0001%)
  • Abstained: 81,11,024

Resolution 2 (Ordinary - Consolidated Financials)

  • Total votes cast: 2,52,06,76,137
  • In favor: 2,52,06,76,137 (99.9999%)
  • Against: 2,906 (0.0001%)
  • Abstained: 81,11,284

Resolution 3 (Ordinary - Director Reappointment)

  • Total votes cast: 2,52,06,78,793
  • In favor: 2,39,24,22,141 (94.9118%)
  • Against: 12,82,56,652 (5.0882%)
  • Abstained: 81,11,534

Resolution 4 (Special - ESOP Plan 2025)

  • Total votes cast: 2,52,06,78,543
  • In favor: 2,39,07,51,642 (94.8456%)
  • Against: 12,99,26,901 (5.1544%)
  • Abstained: 81,11,784

Resolution 5 (Ordinary - Secretarial Auditors)

  • Total votes cast: 2,52,06,78,793
  • In favor: 2,52,06,73,787 (99.9998%)
  • Against: 5,006 (0.0002%)
  • Abstained: 81,11,534

Resolution 6 (Special - Borrowing Limit)

  • Total votes cast: 2,52,06,78,793
  • In favor: 2,51,90,04,852 (99.9336%)
  • Against: 16,73,941 (0.0664%)
  • Abstained: 81,11,534

Resolution 7 (Special - Security Creation)

  • Total votes cast: 2,52,06,78,343
  • In favor: 2,51,90,04,152 (99.9336%)
  • Against: 16,74,191 (0.0664%)
  • Abstained: 81,11,984

Participation Breakdown by Shareholder Category

Promoter and Promoter Group

  • Shares held: 21,73,65,2857
  • Votes polled: 21,73,65,2856 (100.00%)
  • Voted in favor: 100.00% across all resolutions

Public Institutions

  • Shares held: 45,19,55,353
  • Votes polled: 30,41,90,821 (67.3055%)
  • Significant against votes: 42.1616% against director reappointment (Resolution 3) and 42.7095% against ESOP plan (Resolution 4)

Public Non-Institutions

  • Shares held: 25,72,94,624
  • Votes polled: 4,28,35,116 (16.6483%)
  • High approval rates: Over 99.98% in favor for most resolutions

Scrutinizer's Role and Findings

  • Scrutinizer: Ms. Rupal D. Jhaveri, Practicing Company Secretary (Membership No. 5441, CP No. 4225)
  • Appointment: Approved at Board Meeting held on September 8, 2026
  • Responsibilities: Scrutinize remote e-voting and e-voting process in fair and transparent manner
  • Findings: All resolutions passed with requisite majority through remote e-voting and e-voting at AGM
  • Data unblocking: E-voting data downloaded from KFin portal on September 30, 2026 at 12:12 p.m. IST

Compliance Confirmation

The voting process complied with:

  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (LODR) Regulations, 2015
  • SEBI circulars and MCA General Circulars including General Circular No. 14/2020, 17/2020, 20/2020, 2/2021, 21/2021, 02/2022, 10/2022, 09/2023, 09/2024, and 3/2025
  • Secretarial Standard on General Meetings (SS-2)

Additional Information

  • Voting results and Scrutinizer's Report available on company website: www.hiparks.com
  • Notice of AGM available on websites of BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com)
  • Communication sent electronically to members with registered email addresses
  • KFin Technologies Limited serves as Registrar and Share Transfer Agents (RTA) of the Company