Voting Results along with Scrutinizer''s Report
Awaiting price reaction for this filing.
Hindusthan Urban Infrastructure Limited conducted a Postal Ballot through remote e-voting to seek shareholder approval for increasing the remuneration of Mr. Raghavendra Anant Mody, Chairman & Whole-Time Director (DIN: 03158072). The e-voting period ran from March 21, 2025 to April 19, 2025, and was overseen by scrutinizer Mr. Neeraj Sharma of Neeraj & Associates. Out of 1,635 shareholders on the record date (March 14, 2025), 35 members voted, casting 10,77,260 shares representing 74.66% of total outstanding shares. The resolution was passed as a Special Resolution with 100% votes in favour and zero votes against, including near-unanimous support from the promoter group (99.53% participation).
Shareholders have approved a higher pay package for the Chairman & Whole-Time Director, signalling continued board confidence in the leadership but also increasing the company's fixed cost commitments going forward. This is a routine governance disclosure with no negative implications for the stock.