Hi-Tech Pipes Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 27, 2025. Further, the company has informed the Exchange regarding voting results.
HITECH · price
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Hi-Tech Pipes Limited held its 41st AGM on September 27, 2025 via video conferencing, and all 5 resolutions were passed with the requisite majority. Shareholders approved the adoption of the audited standalone and consolidated financial statements for FY ended March 31, 2025 (99.999% in favour). A final dividend of Rs. 0.025 per equity share (2.5% on face value of Re. 1) was approved with 99.99% support. Mr. Anish Bansal (DIN: 00670250) was re-appointed as Whole-Time Director (99.57% in favour). The remuneration of Cost Auditor M/s S. Shekhar & Co. was ratified (99.998% in favour), and M/s NSP & Associates was appointed as Secretarial Auditors for FY 2025-26 through FY 2029-30 (99.999% in favour). Of the 1,10,018 shareholders on the record date (Sept 20, 2025), 370 members participated, representing 56.07% of total share capital.
This is a routine compliance filing confirming shareholder approval at the AGM. The dividend is very small (Rs. 0.025 per share), so the cash impact on shareholders is minimal. The re-appointment of the Whole-Time Director and a 5-year tenure for the Secretarial Auditor signal management and governance continuity. No material negative signals — the strong approval margins indicate broad shareholder support for the board's decisions.