Hindprakash Industries shareholders approved the sale of the company's entire unit/undertaking via postal ballot.
The special resolution passed with 99.8% approval from 84.89 lakh votes cast, representing 74.3% of total shares.
Voting was conducted electronically from March 23 to April 21, 2026, managed by CDSL and scrutinized by Parikh Dave & Associates.
The board had sought shareholder consent for this significant corporate action under SEBI Listing Regulations and Companies Act.