HPL Electric & Power Limited has informed the Exchange about Shareholders meeting
HPL · price
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HPL Electric & Power Limited held its 33rd AGM on September 29, 2025, via video conferencing, with 149 members in attendance. All directors and key managerial personnel were present except Mr. Dhruv Goyal, Independent Director, who could not join due to technical reasons. The Audited Financial Statements for FY ending March 31, 2025 were approved with no adverse qualifications from the auditors. Shareholders approved a final dividend of Rs. 1.00 per equity share (face value Rs. 10) and the re-appointment of Mr. Gautam Seth, who retires by rotation. The meeting also ratified the remuneration of Cost Auditors and approved the appointment of the Secretarial Auditor. Voting was conducted via remote e-voting and e-voting during the meeting, with results to be declared within statutory timelines.
The Rs. 1.00 final dividend provides a modest return to shareholders, and the clean audit report with no qualifications is a positive signal for governance. Re-appointment of the Joint Managing Director & CFO ensures continuity in leadership; shareholders should watch for the formal voting results announcement in the coming days.