BSEHindustan Hardy LtdLowNeutral
Announced Tue, 16 Sept · 19:08 IST

In compliance with the provisions of the Companies Act, 2013 ('Act'), Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing ....

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

Hindustan Hardy Limited held its 43rd AGM on September 16, 2025, via video conferencing, where all 10 resolutions were approved by shareholders with overwhelming majority (around 99.99% votes in favour). Key items approved include the adoption of audited financial statements for FY ended March 31, 2025, declaration of a final dividend of Rs. 2.80 per equity share, and appointment of Secretarial Auditors for FY 2025-26 to 2029-30. The meeting also approved the appointment of Mr. Cowasji Jehangir Jehangir as Independent Director for 5 years, reappointment of Mr. Vijay Pathak as Executive Director & COO for 3 years, appointment of Ms. Arati Saran and Ms. Mallika Saran as Directors, and appointment of Ms. Mallika Saran as Executive Director & CFO. Additionally, Ms. Devaki Saran's designation was changed to Chairperson and Managing Director with revised remuneration.

Likely market impact

Shareholders will receive a final dividend of Rs. 2.80 per share. The board has been restructured with family members (Saran family) taking on key executive roles including CFO and Managing Director, indicating potential consolidation of management control. The strong voting margin (99.99% in favour) suggests minimal shareholder dissent on all proposals.