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Awaiting price reaction for this filing.
Hindustan Motors held its 83rd AGM on September 24, 2025, via video conferencing, attended by 66 members with the required quorum present. Shareholders adopted the audited standalone financial statements for the financial year ended March 31, 2025, and approved the re-appointment of Shri Sourav Daspatnaik, who retires by rotation. M/s RBM & Associates was appointed as the Secretarial Auditor for a five-year term covering FY2025-26 to FY2029-30. Mr. Om Prakash Gupta was re-appointed as Independent Director for a second five-year term ending September 23, 2030, and Shri Sourav Daspatnaik was separately appointed as Non-Executive Independent Director for five years. Smt. Mou Mukherjee was appointed as a Non-Executive Non-Independent Director. The voting results are awaited and will be shared once the Scrutinizer's Report is received.
This is a routine AGM with standard governance items — approving financials, re-appointing auditors and directors — and is unlikely to have any material impact on the stock price. Investors should watch for the formal voting results once filed.