Hindustan Foods Limited has submitted the Exchange a copy Scrutinizers report of the 40th Annual General Meeting of the Members of the Company held on September 23, 2025.
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Hindustan Foods Limited (NSE: HNDFDS, BSE: 519126) held its 40th Annual General Meeting on September 23, 2025, through video conferencing. All seven resolutions put to vote were passed with overwhelming shareholder support, ranging from 99.39% to 99.99% in favour. The resolutions covered adoption of FY25 audited financial statements, re-appointment of Mr. Nikhil Vora (DIN: 05014606) as a director (retiring by rotation), ratification of cost auditor's remuneration, appointment of secretarial auditors, increase in the company's borrowing limit up to Rs. 1,000 Crores under Section 180(1)(c), authorization to create charges on company assets to secure borrowings, and variation in the utilisation of proceeds from the preferential allotment of 72,71,081 convertible warrants. Voting was conducted via remote e-voting (Sept 20-22, 2025) and e-voting during the AGM, with 72,106 shareholders on record as of the cut-off date of September 12, 2025.
Shareholders have cleared the path for the company to raise additional debt up to Rs. 1,000 Crores and to redeploy funds from its earlier preferential warrant issue, giving Hindustan Foods greater financial flexibility for growth. The near-unanimous approval signals strong shareholder confidence in management's direction, with limited near-term governance concerns.