Hercules Hoists Limited has informed the Exchange about Shareholders meeting
Awaiting price reaction for this filing.
Hercules Hoists Limited held its 63rd Annual General Meeting on August 12, 2025, via video conferencing, chaired by Shri Shekhar Bajaj. Seven items of business were transacted, including adoption of the audited financial statements for FY 2024-25 and re-appointment of Mrs. Neelima Aditya Bajaj Swamy as a director retiring by rotation. A new secretarial auditor, M/s. S N Ananthasubramanian & Co., was appointed for a five-year term. Notably, shareholders were asked to approve a change in the company's name, amendments to the object clause of the Memorandum of Association, and adoption of a new set of Articles of Association. Related party transactions for FY 2025-26 were also put to vote. E-voting results were to be declared within 48 hours of the meeting.
The proposed name change and adoption of new Articles of Association are material corporate actions that could affect the company's identity and governance framework. Approval of related party transactions for FY 2025-26 is a routine but important disclosure for shareholders to track.