Hercules Investments Limited has scheduled its 64th Annual General Meeting for August 13, 2026, via video conferencing, to transact business including the adoption of audited financial statements for the financial year ended March 31, 2026. The Board has recommended a final dividend of ₹2.50 per equity share of Re. 1 each for the said financial year. Shareholders will also consider the re-appointment of Shri Hariprasad Anandkishore Nevatia as Whole-time Director for a period of two years commencing from November 22, 2026, and approve material related party transactions for FY 2026-27.

The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) on Thursday, August 13, 2026, at 03:30 PM IST. The facility for remote e-voting will be available from August 10, 2026, at 09:00 a.m. to August 12, 2026, at 05:00 p.m. The cut-off date for determining shareholder eligibility for e-voting and the AGM is August 6, 2026.

Key Agenda Items

The ordinary business includes the adoption of the Annual Accounts for FY26, the declaration of the final dividend, and the appointment of a Director in place of Shri Shekhar Bajaj, who retires by rotation. Special business encompasses the re-appointment of Shri Hariprasad Anandkishore Nevatia as Whole-time Director, approval for material related party transactions, and authorization for loans, guarantees, and inter-corporate deposits up to ₹100 Crores.

Related Party Transactions

Shareholders are requested to approve investments in group companies and mutual funds. The proposed transactions include investments in equity shares and debt exposures of various Bajaj group entities, as well as investments in mutual fund units of Bajaj Finserv Asset Management Limited. Additionally, a transfer of funds to Indef Manufacturing Limited related to a demerger scheme is proposed.

Director Re-appointment and Compliance

Shri Hariprasad Anandkishore Nevatia, aged 94, is proposed for re-appointment as Whole-time Director with a remuneration of ₹25,000 per month plus perquisites. The Board has noted his advanced age but affirmed his capacity to discharge duties. Furthermore, the meeting will take note of a certificate from M/s. DD & Associates, Practicing Chartered Accountants, confirming compliance with SEBI regulations regarding the company's change of name from Hercules Hoists Limited to Hercules Investments Limited.

The Register of Members and Share Transfer Books will remain closed from August 7, 2026, to August 13, 2026. MUFG InTime India Private Limited has been appointed as the authorized agency for facilitating e-voting and meeting attendance.

Hercules Investments has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with the BSE Limited. The filing, submitted pursuant to Regulation 34(2)(f) of the SEBI Listing Regulations, outlines the company's adherence to responsible business conduct principles during FY 2025-26.

The company, formerly known as Hercules Hoists Limited, operates as an unregistered Core Investment Company (CIC). It does not engage in manufacturing, trading, or service delivery, focusing instead on strategic investments in Bajaj Group Listed Companies. Revenue from operations for the year stood at Rs. 890.80 Lakhs, derived primarily from dividend income and fair value gains on investments.

Governance and Oversight

The Board of Directors approved the BRSR on May 28, 2026. Mr. Hariprasad Anandkishore Nevatia, Whole-time Director, is responsible for decision-making on sustainability-related issues. The company maintains policies covering all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC).

As a CIC with no operational supply chain, the company stated that conventional value chain partner assessments are not applicable. Its material issues primarily relate to corporate governance, regulatory compliance, and investment oversight.

Financial and Operational Metrics

The company reported a total of three permanent employees, all male, and zero workers. The Board of Directors comprises six members, with two women representing 33.33% of the board. Key management personnel include the Chief Financial Officer and the Company Secretary.

The table below summarizes key financial and operational details disclosed in the report:

Compliance and Disclosures

The report confirmed that the company and its directors faced no fines, penalties, or legal proceedings during the financial year. It maintains an anti-corruption and anti-bribery policy via its Code of Conduct. Grievance redressal mechanisms are in place for stakeholders, though no complaints were reported across any category during FY 2025-26.

Regarding environmental and social metrics, the company noted that energy consumption, water withdrawal, and GHG emissions are not applicable as it operates from a shared corporate office without industrial activities. It remains compliant with all applicable environmental laws and regulations.