HFCLNSEHFCL Limited· Telecommunication - EquipmentMediumNeutral
Announced Mon, 16 Mar · 19:52 IST

HFCL Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

HFCL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹71.26
prior close
₹71.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.0-0.9-1.2+2.1-1.2-0.4-7.1-2.5-1.0+17.9+34.6+95.6+165.4
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AI summary

HFCL Limited has submitted the voting results and scrutinizer's report for a postal ballot conducted to approve the appointment of Mr. Anil Narendra Shah (DIN: 01844485) as a Non-Executive Independent Director for his first term. The remote e-voting period ran from February 14, 2026 to March 15, 2026, with 1,331 members casting votes representing 71.14 crore equity shares (about 46.5% of total outstanding shares). The special resolution was passed with an overwhelming 99.63% of votes in favour (70.88 crore shares) and only 0.37% against (26.19 lakh shares). Promoters voted nearly 100% in favour, public institutions voted 100% in favour, and public non-institutions voted 96.93% in favour.

Likely market impact

This is a routine corporate governance filing confirming shareholder approval for a new independent director with near-unanimous support. No material impact on stock price is expected, though it strengthens the board's independent oversight.