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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Heera Ispat Limited held an Extraordinary General Meeting (EGM) on May 28, 2025, from 10:00 AM to 12:10 PM. Four special resolutions were passed with overwhelming majority — 305,293 votes in favor (99.9997%) versus just 1 vote against. The resolutions approved the appointment of Mr. Omprakash Mohanlal Dhariwal as Managing Director, Mr. Chirag Dinesh Chandan as Whole-Time Director, Mrs. Himanshi Jayrajsinh Jadeja as Executive Non-Independent Director, and Mr. Meet H. Thakkar as Independent Director for a 5-year term. The company has 2,361 shareholders on record with 58,82,800 total outstanding shares, but only 5.19% of shares were polled — indicating very low participation, with the promoter group (holding 10,60,900 shares) notably not voting.
The EGM finalizes key leadership appointments at Heera Ispat, including a new Managing Director and an Independent Director, signaling a restructuring of the board. However, the extremely low voter turnout (5.19%) and the promoter group's non-participation in voting may raise governance concerns among minority shareholders.