Announced Thu, 3 Apr · 14:41 IST

EXTRA ORDINARY GENERAL MEETING WAS HELD ON 02nd APRIL AT THE REGISTERED OFFICE OF THE COMPANY

Board & Shareholder Meetings View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hilltone Software and Gases Ltd held an Extra-Ordinary General Meeting on April 2, 2025, at its registered office in Ahmedabad, to pass three Special Resolutions for the appointment of Independent Directors: Mr. Nihar Gaurang Sheth, Mr. Aditya Vikrambhai Patel, and Mr. Paresh Rameshchandra Parekh. All three resolutions were passed unanimously with 100% votes in favour and zero votes against. Out of 1,09,30,800 total outstanding shares, only 15,55,068 shares (14.23%) were polled, including 92.11% from the promoter group, 43.35% from public institutions, and just 1.11% from public non-institutions. Of 1,488 shareholders on record date, only 15 members attended the meeting in person. The meeting lasted just 7 minutes (3:43 PM to 3:50 PM) and was chaired by Managing Director Mr. Niket Shah.

Likely market impact

The appointment of three new Independent Directors strengthens the board composition in line with corporate governance norms. The very low public non-institution voting participation (1.11%) and the brief 7-minute meeting suggest limited shareholder engagement, though all resolutions sailed through without opposition.