Announced Tue, 12 May · 18:33 IST

Report of the Scrutinizer

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.7%1-day move
₹740.30
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AI summary

Hardcastle & Waud Manufacturing Company Limited has announced the results of its postal ballot conducted between 13th April 2026 and 12th May 2026. Two resolutions were passed with overwhelming shareholder approval (99.9991% in favour). The first resolution, passed as an Ordinary Resolution, appoints Mr. Ganpat Lal Dadhich (DIN: 11612342) as a Non-Executive, Non-Independent Director of the company. The second resolution, passed as a Special Resolution, approves the adoption of a new set of Articles of Association. Total voter turnout was 81.86% (5,56,246 votes out of 6,79,474 shares), with only 5 votes against each resolution. Promoter and Promoter Group showed 99.998% participation while Public Non-Institutions showed 31.37% participation.

Likely market impact

Both resolutions passed with near-unanimous approval, indicating strong shareholder support for the new director appointment and corporate governance updates. The passing of the Special Resolution for new Articles of Association suggests the company is modernizing its constitutional documents, which could enable future operational flexibility.