Meeting Details
The 56th Annual General Meeting (AGM) of Housing and Urban Development Corporation Limited was held on 24th August, 2026 at 11:30 a.m. (IST) through Video conferencing/Other audio-visual means in compliance with circulars issued by the Ministry of Corporate Affairs.
Voting Process
Members were provided the facility of remote e-voting which commenced on Thursday, 20th August, 2026 at 9:00 a.m. (IST) and ended on Sunday, 23rd August, 2026 at 5:00 p.m. (IST). Members present at the AGM who had not cast their votes by remote e-voting were given the facility to cast their vote after the conclusion of the meeting.
Scrutinizer Appointment and Report
Ms. Parul Jain, Managing Partner of M/s. VAP & Associates, Practicing Company Secretaries, was appointed as scrutinizer. She submitted her report on 25th August, 2026 confirming that all resolutions mentioned in the AGM notice were passed with requisite majority.
Shareholder Participation
Total number of shareholders as on record date: 769,105
Number of shareholders present in the meeting either in person or through proxy: 1
Number of shareholders attended through Video Conferencing: 220 (219 Public + 1 Promoter)
Voting Results Detail
Item No. 1: Adoption of Financial Statements
Resolution Type: Ordinary Resolution
To consider and adopt Audited Financial Statements (Standalone and Consolidated) for FY ended 31st March, 2026, report of Board of Directors, Independent Auditor's Report, and comments of Comptroller and Auditor General of India.
Voting Results:
- Total votes polled: 1,715,203,757 shares (85.6788% of outstanding shares)
- Votes in favor: 1,703,172,676 shares (99.2986% of votes polled)
- Votes against: 12,031,081 shares (0.7014% of votes polled)
Result: Passed with requisite majority
Item No. 2: Dividend Declaration
Resolution Type: Ordinary Resolution
To declare final dividend for Financial Year 2025-26 @ 15% (₹1.50 per equity share) and confirm payment of interim dividends already declared and paid for FY 2025-26.
Voting Results:
- Total votes polled: 1,716,734,536 shares (85.7553% of outstanding shares)
- Votes in favor: 1,714,753,724 shares (99.8846% of votes polled)
- Votes against: 1,980,812 shares (0.1154% of votes polled)
Result: Passed with requisite majority
Item No. 3: Re-appointment of Director
Resolution Type: Ordinary Resolution
To appoint Director in place of Shri Daljeet Singh Khatri (DIN: 06630234), Director (Finance), who retires by rotation and offers himself for re-appointment on same terms & conditions as earlier approved by President of India.
Voting Results:
- Total votes polled: 1,716,731,735 shares (85.7551% of outstanding shares)
- Votes in favor: 1,669,464,713 shares (97.2467% of votes polled)
- Votes against: 47,267,022 shares (2.7533% of votes polled)
Result: Passed with requisite majority
Item No. 4: Auditor Remuneration Authorization
Resolution Type: Ordinary Resolution
To authorize Board of Directors to fix remuneration of Statutory Auditors for Financial Year 2026-27.
Voting Results:
- Total votes polled: 1,716,731,912 shares (85.7551% of outstanding shares)
- Votes in favor: 1,694,698,719 shares (98.7166% of votes polled)
- Votes against: 22,033,193 shares (1.2834% of votes polled)
Result: Passed with requisite majority
Item No. 5: Appointment of New Director
Resolution Type: Ordinary Resolution
To appoint Shri Baldeo Purushartha (DIN: 07570116) as Part-time Official (Government) Director.
Voting Results:
- Total votes polled: 1,715,247,005 shares (85.6810% of outstanding shares)
- Votes in favor: 1,657,881,005 shares (96.6555% of votes polled)
- Votes against: 57,366,000 shares (3.3445% of votes polled)
Result: Passed with requisite majority
Item No. 6: Fundraising Approval
Resolution Type: Special Resolution
Raising of Funds up to a maximum of ₹70,000 Crore through issue of Non-Convertible Bonds/Debentures on private placement basis.
Voting Results:
- Total votes polled: 1,716,731,739 shares (85.7551% of outstanding shares)
- Votes in favor: 1,716,711,739 shares (99.9988% of votes polled)
- Votes against: 20,195 shares (0.0012% of votes polled)
Result: Passed with requisite majority
Scrutinizer's Report Details
The scrutinizer's report provided detailed breakdown of voting by member categories:
- Remote e-voting: Conducted from August 20-23, 2026
- E-voting at AGM: Conducted on August 24, 2026
- Data unblocked on August 24, 2026 around 01:35 p.m. (IST) in presence of two witnesses
- NSDL provided e-voting services
- AGM notice sent electronically on July 30, 2026 to members with registered email addresses
Additional Information
The voting results along with Scrutinizer's Report are available on the Company's website in the Investor's section, and on websites of National Securities Depository Limited (NSDL) and Registrar & Transfer Agent (RTA).