HITECHCORPNSEHitech Corporation LimitedLowNeutral
Announced Fri, 27 Mar · 15:25 IST

Hitech Corporation Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

HITECHCORP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-18.1%1-day move
₹136.70
prior close
₹122.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-18.1-5.6-2.0-0.5+0.2+3.9+4.5+1.7+61.1+129.8
Up moveDown movePending
AI summary

Hitech Corporation Limited conducted a postal ballot (e-voting) to seek shareholder approval for re-appointing Mr. Mehernosh Mehta (DIN: 00372340) as Whole Time Director for one year. E-voting ran from February 24, 2026 to March 25, 2026, and the result was declared on March 27, 2026. Out of 9,000 shareholders on record, 45 shareholders cast votes representing 12,245,564 equity shares (71.30% of total outstanding shares). The ordinary resolution was passed with overwhelming majority, with 12,245,027 votes (99.9956%) in favour and only 537 votes (0.0044%) against. Promoter group voted entirely in favour, while public shareholders showed 98.27% support.

Likely market impact

This is a routine governance announcement with no material impact on the stock price. The near-unanimous approval (99.99% in favour) signals strong shareholder confidence in the existing leadership. Shareholders should note continuity of Mr. Mehernosh Mehta as Whole Time Director for the next one-year term.