Voting results along with Scrutinizer''s report for the NCLT convened meeting of Unsecured Creditors of Hindware Home Innovation Limited
HINDWAREAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hindware Home Innovation Limited held three NCLT-convened meetings on March 7, 2026 for a Composite Scheme of Arrangement involving demerger into HHIL Limited and merger into Hindware Limited. Unsecured Creditors of Hindware Limited (subsidiary) approved with 100% — 50 creditors voting Rs 328.4 crore in favour. Unsecured Creditors of Hindware Home Innovation also approved with 100% — 41 creditors voting Rs 42.5 crore in favour. Equity Shareholders approved with 100% — 44.1 million shares voted in favour with no opposition. All meetings were physically held in Kolkata under NCLT Kolkata Bench directions dated December 3, 2025, and the scrutinizer confirmed resolutions passed with requisite majorities.
Shareholders and creditors have approved the composite scheme, moving it closer to final NCLT sanction. The restructuring will split Hindware Home Innovation into a remaining entity and transfer Hindware Limited to new ownership, potentially impacting shareholding structure and company operations.