Hindprakash Industries Ltd

📊 Hindprakash Industries Shareholders Approve Major Unit Sale with Overwhelming Support

- Postal ballot held with a record date of March 13, 2026, involving 3,124 shareholders.

- Resolution required a special majority to approve the sale, transfer, or disposal of the entire unit/undertaking.

- Total votes cast: 8,488,663 (74.30% of outstanding shares).

- 99.80% voted in favor, 0.20% against.

- Promoter group voted 7,739,845 shares (90.51% of their holdings) with 100% support.

- Public non-institutions cast 748,818 votes (26.06% of their holdings), with 97.75% in favor and 2.25% against.

- No invalid votes recorded across all categories.

- E-voting conducted via CDSL from March 23 to April 21, 2026.

- Scrutinizer: Mr. Umesh G. Parikh from Parikh Dave & Associates, appointed on March 18, 2026.