Hathway Cable & Datacom concluded its 66th Annual General Meeting (AGM) on August 19, 2026, with shareholders approving all proposed resolutions. The meeting, held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM), saw members adopt the audited financial statements for the fiscal year ended March 31, 2026, and appoint key board and audit personnel.

Mr. Rajendra Hingwala, Chairman and Independent Director, presided over the proceedings, which commenced at 3:00 pm and concluded at 3:35 pm IST. The Chairman confirmed that the requisite quorum was present and that representatives from the Statutory Auditors, Secretarial Auditor, and Cost Auditor attended the meeting. He briefed members on business operations and noted that the VC/OAVM format complied with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Resolutions Approved

Shareholders voted on both ordinary and special business items using remote e-voting and electronic voting systems available during the meeting. All resolutions passed with the requisite majority.

Ordinary Business

The primary agenda items under ordinary business included:

• Adoption of the audited standalone and consolidated financial statements for FY26, along with reports from the Board of Directors and Auditors.
• Appointment of Ms. Geeta Fulwadaya (DIN: 03341926) as a Director, replacing the outgoing director retiring by rotation.
• Appointment of statutory auditors and determination of their remuneration.

Special Business

Under special business, members ratified the remuneration of the Cost Auditors for the financial year ending March 31, 2027.

Voting Process

The company facilitated remote e-voting from 9:00 am IST on August 16, 2026, to 5:00 pm IST on August 18, 2026. Members participating in the live meeting who had not voted remotely could use the electronic voting system (Insta Poll). Mr. Jayesh Shah (FCS 5637) or Mr. Himanshu Kamdar (FCS 5171), Partners at Rathi & Associates, served as Scrutinizers to validate the voting process.

What the Numbers Show

While the AGM filing does not disclose specific financial metrics such as revenue or profit figures, the approval of the audited financial statements for FY26 indicates the completion of the annual reporting cycle. The ratification of cost auditor fees suggests ongoing compliance with cost accounting standards, a critical requirement for manufacturing and service-oriented entities like Hathway. The smooth passage of all resolutions reflects standard corporate governance procedures without dissenting votes on major agenda items.

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