HBESDBSEHB Estate Developers LtdMediumNeutral
Announced Mon, 11 Aug · 12:20 IST

attached the Annual Report of the Company for the Financial Year 2024-25

Board & Shareholder Meetings View source PDF

HBESD · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

HB Estate Developers Ltd has submitted the Notice and Annual Report for its 31st AGM for FY 2024-25 to BSE. The AGM is scheduled for Saturday, September 6, 2025, to be held via video conferencing (VC/OAVM). Three items are on the agenda: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, (2) re-appointment of Mr. Lalit Bhasin (DIN: 00002114), Chairman, who retires by rotation, and (3) appointment of Mr. A.N. Kukreja of A.N. Kukreja & Co. as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30). The remote e-voting window is September 3-5, 2025, with cut-off date of September 2, 2025. The company's key asset is its hotel project, TAJ City Centre - Gurugram. Statutory auditors are N.C. Aggarwal & Co.

Likely market impact

This is a routine annual compliance filing with no new material corporate action. Shareholders should review the FY25 financials and AGM agenda; Mr. Lalit Bhasin's re-appointment (holding ~1.10 crore equity shares) is noteworthy given his role as Chairman.