Meeting Details

The 34th Annual General Meeting was held on Thursday, September 24, 2026 at 11:30 A.M. (IST) via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting concluded at 12:31 P.M.

Attendance

Total 137 members attended the meeting through Video Conferencing/OAVM. Directors and Key Managerial Personnel present included:

  • Mr. Lalit Seth, Chairman and Whole-Time Director
  • Mr. Rishi Seth, Managing Director
  • Mr. Gautam Seth, Joint Managing Director & CFO
  • Mr. Ajit Sood, Independent Director, Chairman of Audit Committee and Stakeholders' Relationship Committee
  • Dr. Rashmi Vij, Independent Director
  • Mr. Dhruv Goyal, Independent Director, Chairman of Nomination and Remuneration Committee
  • Mr. Vivek Kumar, Company Secretary & Compliance Officer

Also present were Ms. Sakshi Kharabanda (Statutory Auditor), Mr. Vinod Gupta (Secretarial Auditor), Mr. Deepak Kukreja (Scrutinizer), and Mrs. Monika Kohli (Scrutinizer).

Proceedings Summary

The Company Secretary welcomed shareholders and confirmed that the Annual Report 2025-26 was distributed electronically. Mr. Gautam Seth confirmed quorum was present and delivered the Chairman's speech. The notice convening the AGM and financial statements were taken as read without discussion as there were no qualifications in the auditors' reports.

A Q&A session was conducted for registered speakers, with questions answered by the Joint Managing Director & CFO. Shareholders expressed satisfaction with company performance.

Voting Process and Methods

Remote e-voting was provided through Kfin Technologies Limited from September 21, 2026 (9:00 AM) to September 23, 2026 (5:00 PM). Members attending the meeting who hadn't voted remotely were provided e-voting facility during the meeting.

The Board appointed Mr. Deepak Kukreja (Partner, DMK Associates) as Scrutinizer and Mrs. Monika Kohli (Partner, DMK Associates) as Alternate Scrutinizer to scrutinize the e-voting process.

During the meeting, e-voting was activated for 15 minutes for members to vote on the following resolutions:

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements including Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors (Ordinary Resolution)

2. To declare final dividend of ₹1.00 per equity share (face value ₹10 each) for FY ended March 31, 2026 (Ordinary Resolution)

3. To appoint director in place of Mr. Rishi Seth (DIN:00203469) who retires by rotation and offers himself for re-appointment (Ordinary Resolution)

Special Business:

4. Ratification of Remuneration of the Cost Auditors (Ordinary Resolution)

Compliance Information

The Company Secretary informed that voting results would be declared within statutory timelines. The document confirms compliance with SEBI LODR Regulations through submission to both NSE (Scrip Code: HPL) and BSE (Scrip Code: 540136).