Hindustan Petroleum Corporation Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 22, 2025
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HPCL held its 73rd AGM on August 22, 2025, via video conferencing, where all 13 resolutions were passed with the requisite majority. A total of 165 shareholders (1 promoter and 164 public) participated in voting out of 5,11,462 shareholders on record. Key resolutions approved include the adoption of FY25 audited financial statements (99.95% in favour), a final dividend of Rs 10.50 per equity share for FY 2024-25 (99.99% in favour), and the appointment of Shri Vikas Kaushal as Chairman & Managing Director (97.53% in favour). Four new Independent Directors were also appointed, and material related party transactions with HMEL and HINCOL for FY 2026-27 were cleared. Most resolutions received overwhelming support above 93%, though reappointment of Shri Rajneesh Narang (90.48%) and Shri Amit Garg (89.48%) and appointment of Smt. Sharda Singh Kharwar (86.90%) saw comparatively lower — though still comfortable — approval levels.
Shareholders can expect the final dividend of Rs 10.50 per share to be paid out, and the record date of August 15, 2025 confirms entitlement. The new CMD and four independent directors are now formally in place, and the RPT framework with HMEL and HINCOL for FY26-27 is approved, providing governance clarity. High approval percentages across the board suggest broad institutional and retail shareholder confidence.