Hindustan Foods Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
HNDFDS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hindustan Foods Limited announced the results of its postal ballot conducted via remote e-voting from May 23 to June 21, 2025. Two special resolutions seeking approval for the Employee Stock Option Scheme 2025 (HFL ESOS 2025) — one for granting options to employees of the company and another for employees of group, subsidiary, and associate companies — were approved by shareholders. Out of 11.75 crore total shares, 8.67 crore (73.80%) were polled. Resolution 1 passed with 96.67% votes in favor (8.38 crore shares) and 3.33% against, while Resolution 2 passed with 96.55% in favor and 3.45% against. Promoters (holding 7.31 crore shares) voted 100% in favor of both resolutions. The Scrutinizer, Advocate Prashant Sharma, confirmed both resolutions were approved with the requisite majority.
Shareholders have formally approved the ESOS 2025, enabling the company to grant stock options to employees for retention and motivation purposes. This is a routine governance outcome with strong promoter support and no negative signals; near-term share price impact is expected to be neutral.