Voting results along with Scrutinizer's report for the NCLT convened meeting of Equity shareholders 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 in Kolkata to approve a Composite Scheme of Arrangement. The scheme involves demerger of Hindware Home Innovation into HHIL Limited (Resulting Company) and Hindware Limited (Transferee Company). All three meetings passed with 100% votes in favor: 50 unsecured creditors of Hindware Limited (Rs 328.4 crore), 41 unsecured creditors of Hindware Home Innovation (Rs 42.5 crore), and equity shareholders representing 83.6 million shares (57% turnout). The meetings were conducted as per NCLT Kolkata Bench orders dated December 2025 and January 2026. The scrutinizer confirmed all resolutions passed with requisite majority.
Shareholders approved the demerger structure. The scheme now awaits NCLT sanction before implementation. This is a routine corporate restructuring that does not indicate financial distress.