Hathway Cable & Datacom has released the consolidated scrutiniser’s report and voting results for its 66th Annual General Meeting (AGM), which concluded on August 19, 2026. The disclosure provides a granular breakdown of shareholder sentiment across all ordinary and special business items, confirming that all proposed resolutions were passed with the requisite majority.

The meeting, conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM), saw high engagement from the promoter group and public institutions, while retail participation remained nominal. A total of 4,81,613 shareholders were on record as of August 12, 2026. Of these, only 68 shareholders attended the virtual meeting (6 promoters and 62 public shareholders), with the vast majority exercising their rights through remote e-voting between August 16 and August 18, 2026.

Voting Breakdown by Shareholder Category

The promoter group, holding 1,32,75,78,375 shares, demonstrated unified support by casting 100% of their votes in favour of every resolution. Public institutions, holding 62,50,994 shares, also showed strong support, with voting participation ranging from 72.58% to 79.89% depending on the resolution.

In contrast, public non-institutional shareholders, who hold 43,62,75,131 shares, had a turnout of just 0.19% to 0.20%. Despite the low volume, this segment registered the only dissenting votes across all agenda items, though these accounted for less than 0.5% of the total votes polled within their category.

Resolutions Passed

Shareholders approved four key resolutions during the AGM:

1. Adoption of Financial Statements: Members adopted the audited standalone and consolidated financial statements for FY26, along with the reports from the Board of Directors and Auditors. This resolution received 1,33,29,48,474 votes in favour against 3,897 votes against.
2. Director Appointment: Ms. Geeta Fulwadaya (DIN: 03341926) was appointed as a Director, replacing the outgoing director retiring by rotation. The resolution passed with 1,33,34,05,586 votes in favour.
3. Auditor Appointment: Deloitte Haskins & Sells Chartered Accountants LLP (FRN: 117364W/W100739) was appointed as statutory auditors for five consecutive years, commencing from the conclusion of the 66th AGM until the 71st AGM. Their remuneration was also fixed. This resolution secured 1,33,34,05,386 affirmative votes.
4. Cost Auditor Remuneration: Members ratified the remuneration for M/s. Ashok Agarwal & Co., Cost Accountants (FRN: 000510), for the financial year ending March 31, 2027. This special business item received 1,33,34,04,892 votes in favour.

What the Numbers Show

The voting pattern highlights a clear divergence in engagement levels between institutional/promoter shareholders and the retail base. While the promoter group’s 100% support ensures the passage of all routine corporate governance matters, the dissent from public non-institutional shareholders—though statistically negligible at under 0.003% of total outstanding shares—indicates that a small segment of retail investors exercised their right to object to specific management decisions, particularly regarding auditor appointments and cost auditor fees. However, given the overwhelming support from the controlling block, these dissenting votes did not impact the outcome of any resolution.

Hathway Cable & Datacom Limited will hold its 66th Annual General Meeting (AGM) on Wednesday, August 19, 2026, at 3:00 p.m. IST via video conferencing. The meeting serves as the platform for shareholders to approve the audited financial statements for FY25, re-appoint director Ms. Geeta Fulwadaya, and appoint Deloitte Haskins & Sells Chartered Accountants LLP as statutory auditors for a five-year term. This governance update follows a financial year where the company reported standalone revenue of ₹ 581.98 crore and consolidated revenue of ₹ 2,149.58 crore, reflecting continued operations in broadband and cable television services.

The Board of Directors, in compliance with Section 139 of the Companies Act, 2013 and Regulation 18 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has proposed the appointment of Deloitte Haskins & Sells Chartered Accountants LLP. The firm will serve as Joint Auditors alongside the current statutory auditors, Nayan Parikh & Co., until the conclusion of the 67th AGM. Thereafter, Deloitte will continue as the sole statutory auditor until the conclusion of the 71st AGM. The proposed remuneration for Deloitte for FY26 is ₹ 1,05,00,000, excluding taxes and out-of-pocket expenses.

Key Resolutions and Governance

Shareholders will vote on several ordinary resolutions during the AGM. A primary item is the re-appointment of Ms. Geeta Fulwadaya (DIN: 03341926), who retires by rotation. Ms. Fulwadaya, a Non-Executive and Non-Independent Director, brings extensive experience in corporate laws and allied matters. She attended 100% of Board meetings in FY25. Her re-appointment was recommended by the Nomination and Remuneration Committee.

Additionally, shareholders must ratify the remuneration of Ashok Agarwal & Co., appointed as Cost Auditor for the financial year ending March 31, 2027. The Board approved a remuneration of ₹ 6,00,000 for the cost audit of the company’s broadband operations, pursuant to Section 148 of the Companies Act, 2013.

Financial Performance Context

The AGM follows the release of the Annual Report for FY25, which highlights a shift in operational focus. Standalone post-tax profit stood at ₹ 65.38 crore, down from ₹ 79.33 crore in the previous year. Consolidated post-tax profit was ₹ 82.24 crore, compared to ₹ 92.54 crore previously. The decline in profitability coincided with a marginal reduction in broadband subscribers to 1.02 million from 1.06 million, although average monthly data consumption per FTTH subscriber increased by 3% to over 357 GB. The cable television business, operated through wholly-owned subsidiary Hathway Digital Limited, serviced approximately 4.63 million viewers.

The company also reported a Corporate Social Responsibility (CSR) expenditure of ₹ 88,69,584, meeting the mandatory requirement of 2% of average net profits. No dividend was declared for FY25, consistent with the company’s strategy to reinvest in network modernization and digital infrastructure.

E-Voting Timeline and Procedures

Shareholders holding shares as of the cut-off date, Wednesday, August 12, 2026, are eligible to vote. Remote e-voting will be facilitated by KFin Technologies Limited. The voting window opens on Sunday, August 16, 2026, at 9:00 a.m. IST and closes on Tuesday, August 18, 2026, at 5:00 p.m. IST. Members who vote remotely cannot vote again during the meeting via Insta Poll. Those who have not voted remotely may use the Insta Poll facility during the live meeting.

For assistance, shareholders may contact KFin Technologies Limited at evoting@kfintech.com or the toll-free number 1800 309 4001. The Annual Report and related documents are available on the company’s website and stock exchange portals.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE982F01036/18cf0600-339e-46c5-91de-dadec705a0ca.pdf