All 14 resolutions passed at 38th AGM of Hindustan Adhesives
HINDADH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 2.4 pts more than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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38th AGM held on 30 Sep 2026 via video conferencing. All 14 resolutions passed, including adoption of FY26 audited financials, re-appointment of directors, and approval to borrow up to Rs 500 Crores. Most resolutions got 100% approval. Resolution on re-appointment of Independent Director Ravi Kumar Aggarwal passed with 99.86% support. Resolutions on remuneration of promoter family members Anju Bagla and Surbhi Bagla passed with 98.07% as promoters abstained due to conflict of interest.
Routine AGM completed with near-unanimous shareholder approval; Rs 500 Cr borrowing limit expansion signals potential growth or expansion plans.