Announced Wed, 15 Jul · 12:29 IST
3 Postal Ballot Resolutions Approved; MD and WTD Reappointed
Board & Shareholder Meetings View source PDF
HILINFRA · price
▲ 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
-2.4%1-day move
₹45.30
prior close
₹45.02
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.4-3.1-3.6-3.3-2.9-2.9————
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AI summary
Highway Infrastructure Limited shareholders approved all 3 resolutions via postal ballot on 13 July 2026. Resolutions: (1) insertion of Article 154a allowing shareholders to waive dividend rights (Special), (2) re-appointment of Arun Kumar Jain as Managing Director for 3 years, (3) re-appointment of Anoop Agrawal as Whole-Time Director for 3 years. About 5.32 crore shares voted (74% of total), all resolutions passed above 99.96% approval.
Likely market impact
MD and Whole-Time Director reappointed for 3 years each. Dividend waiver clause added. Strong shareholder approval backs current leadership direction.