Outcome of the postal ballot-voting results
Awaiting price reaction for this filing.
Hindusthan Insulators & Industries Ltd (BSE: 539984) concluded its postal ballot on February 5, 2026, with all three resolutions passing with overwhelming 99.99% majority (10,77,465 votes in favour vs just 5 votes against). Resolution 1 was a special resolution to change the company's name and amend MOA/AOA, and the document already reflects the new name 'Hindusthan Urban Infrastructure Limited.' Resolution 2 was an ordinary resolution approving sub-division or stock split of existing equity shares. Resolution 3 approved an increase in authorised share capital and corresponding changes to the MOA. Voting was conducted via NSDL's e-voting platform from January 7 to February 5, 2026, with the record date set at January 2, 2026 covering 1,765 shareholders.
Shareholders should watch for the next corporate action announcements regarding the stock split ratio, record date, and effective date, as these will directly affect share price and holdings. The name change and authorised capital hike are administrative steps that typically support future fund-raising or restructuring plans.