Harshdeep Hortico shareholders approved the adoption of standalone financial statements for FY26 and a final dividend of ₹0.25 per equity share at the company’s fourth annual general meeting held on September 17, 2026.

The meeting, chaired by Chairman and Managing Director Hitesh Chunilal Shah, also saw the approval of several special business items related to director remuneration and appointments. The statutory auditors confirmed that their audit report for the year ended March 31, 2026, contained no qualifications, observations, or comments.

Key Resolutions Passed

Shareholders approved the following ordinary and special business items during the proceedings:

• Adoption of audited standalone financial statements for FY26
• Appointment of Megh Hitesh Shah as director liable to retire by rotation
• Declaration of final dividend of ₹0.25 per equity share (2.5%) for FY26
• Approval of remuneration to directors exceeding the overall managerial limit under Section 197 of the Companies Act 2013
• Increase in remuneration and change in designation of Harshit Hitesh Shah from whole-time director to executive director
• Approval of commission inclusion for Chairman and Managing Director Hitesh Chunilal Shah
• Fixation of remuneration for Non-Executive Director Dipti Hitesh Shah

Meeting Details

The AGM was conducted in accordance with the Companies Act 2013 and SEBI Listing Obligations and Disclosure Requirements Regulations 2015. Members were provided with remote e-voting facilities through NSDL between September 14 and September 16, 2026. The quorum was confirmed present at the start of the meeting held at the company’s registered office in Bhiwandi, Maharashtra.

Audited financial statements, along with directors’ and auditors’ reports, were made available for inspection by members at the meeting venue. The voting results were subsequently intimated to the stock exchanges and published on the company’s website.

Counter Cyclical Investments Private Limited increased its stake in Harshdeep Hortico by acquiring 18,000 equity shares through open market transactions on September 8, 2026.

The portfolio manager, acting along with its clients as persons acting in concert, disclosed the acquisition under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The move brings the entity’s total shareholding to 849,000 shares.

Shareholding Details

Prior to this transaction, Counter Cyclical Investments held 831,000 shares, constituting 5.16% of Harshdeep Hortico’s total voting capital. The additional purchase of 18,000 shares represents a 0.11% increase in stake.

The company’s total equity share capital remained unchanged at 16,094,060 shares following the trade. No warrants, convertible securities, or encumbered shares were involved in the transaction.

Regulatory Compliance

The disclosure was submitted to both Harshdeep Hortico Limited and BSE Limited. Parminder Pal Singh Bhatia, Director of Counter Cyclical Investments, signed the filing dated September 9, 2026. The acquirer confirmed it does not belong to the promoter or promoter group of the target company.