AGM Notice is hereby submitted
Awaiting price reaction for this filing.
Hindustan Fluorocarbons Limited has issued the notice for its 42nd Annual General Meeting, scheduled for Thursday, 25th September 2025 at 3:30 PM IST, to be held via Video Conferencing (VC/OAVM) without physical attendance. The book closure period runs from 19th to 25th September 2025, with e-voting open from 22nd to 24th September 2025 (cut-off date 18th September 2025). Six items are on the agenda: adoption of FY25 audited financial statements, re-appointment of Shri Yogendra Prasad Shukla as HOCL Nominee Director, authorisation for the Board to fix statutory auditor remuneration for FY26, appointment of Shri Anurag Chandra as Government Nominee Director, appointment of Shri M J Jagadeesh as HOCL Nominee Director, and appointment of M/s ASKBN and Company as Secretarial Auditor for five years (FY26–FY30) at Rs 18,000 + GST for the first two years. Notably, the explanatory statement mentions that HFL is in the process of closure.
This is a routine AGM notice, but the explicit reference to the company being 'in the process of closure' is a material disclosure that shareholders should note, as it could affect future operations and shareholder value. The relatively low secretarial audit fee for a government PSU further signals minimal ongoing activity. Investors should watch for any announcements regarding the closure plan.