Announced Mon, 6 Apr · 17:53 IST

Please find the attached Postal Ballot Notice along with explanatory statement.

Board & Shareholder Meetings View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹25.35
prior close
₹25.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2+0.6+0.6+0.6+2.1+18.3+20.9+22.3+20.3+8.2+11.6+0.5-5.4
Up moveDown movePending
AI summary

Hazoor Multi Projects Ltd is seeking shareholder approval via postal ballot for two special resolutions. First, the regularisation of Mr. Kiran Vasantrao Kurundkar as Non-Executive Independent Director for 5 years (February 12, 2026 to February 11, 2031). He is a retired IAS officer with expertise in election management and public administration. Second, the regularisation of Mr. Pradeep Kumar as Non-Executive Independent Director for 5 years (March 5, 2026 to March 4, 2031). He is a qualified Company Secretary with over 10 years of experience in corporate governance, legal compliance, and NBFC regulations. Both appointments require shareholder approval as per SEBI Listing Regulations. Remote e-voting runs from April 7, 2026 to May 6, 2026, with March 27, 2026 as the cut-off date for eligible voters.

Likely market impact

Shareholders should vote on these resolutions as they strengthen the board's independence and governance. The company is complying with regulatory requirements by seeking approval within three months of appointing the directors. These appointments may positively signal improved governance standards to the market.