Outcome, proceedings scrutinizer report and voting results
HBLENGINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HBL Engineering Limited (formerly HBL Power Systems Limited) held its 39th Annual General Meeting on September 25, 2025 via video conferencing, with 137 shareholders attending out of 3,33,817 total shareholders. All 7 resolutions were passed with the requisite majority, including the adoption of FY25 audited financial statements and the declaration of a 100% dividend of Re. 1 per equity share (face value Re. 1). Dr. Aluru Jagadish Prasad was re-appointed as Chairman and Managing Director for a further five years via a special resolution (75.30% in favor, excluding interested promoter votes), and Ms. Deeksha Mikkileneni was re-appointed as a director (87.81% in favor). The appointment of statutory, secretarial, and cost auditors were also ratified, and a new secretarial auditor was appointed for FY26 through FY30.
Shareholders are set to receive a Re. 1 per share dividend, and leadership continuity is confirmed with the CMD's re-appointment for another five years. The voting results are largely routine and supportive, with the relatively lower margin on the CMD re-appointment (75.30%) being the only point worth noting for governance watchers.