Summary of Proceedings of 31st Annual General Meeting of the Company held on 06th September 2025
HBESD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HB Estate Developers held its 31st AGM on September 6, 2025, via Video Conferencing, concluding at 12:16 PM. Out of 65,853 shareholders on record, 11 from the promoter group and 65 from the public attended through VC. All three ordinary resolutions were passed with overwhelming majority of 99.9986% in favour. The resolutions covered: (1) adoption of audited financial statements (standalone and consolidated) for FY ended March 31, 2025, (2) re-appointment of Mr. Lalit Bhasin (DIN: 00002114) as Director who retires by rotation, and (3) appointment of Secretarial Auditors. There were no qualifications, reservations, or adverse remarks from either the statutory auditors or the secretarial auditors. Ms. Jaya Yadav, Company Secretary in Practice, served as the Scrutinizer for the e-voting process.
This is a routine, clean AGM filing with no contentious items — all resolutions sailed through with near-unanimous support, and audit reports were clean. For shareholders, this signals stable governance with no governance red flags, though the company is small-cap and the resolutions are standard procedural matters with no direct share-price catalyst.