Hatsun Agro Product Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
HATSUN · price
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Hatsun Agro Product Limited has announced the results of a postal ballot conducted for appointing Mr. Rajprabu Harshan as a Non-Executive Independent Director for a 5-year term. The special resolution was passed with overwhelming shareholder support, with 98.50% votes in favour (19,30,46,782 votes) and only 1.50% against (29,37,483 votes). The voting participation was strong at 87.98% of outstanding shares. Promoter and promoter group voted 100% in favour, while public institutions and non-institutions also showed majority support for the appointment.
The appointment of Mr. Rajprabu Harshan as Independent Director strengthens the company's board governance and complies with regulatory requirements for independent directors. The strong shareholder approval signals confidence in the board's composition and is generally positive for corporate governance.