Hi-Tech Pipes Limited shareholders approved all three agenda items at the 42nd Annual General Meeting held on September 28, 2026, with a voting majority exceeding 99.99% on each resolution.

The meeting, conducted via Video Conferencing, commenced at 11:45 am and concluded at 12:50 pm. A total of 175 members attended the virtual session. The proceedings complied with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key resolutions and voting outcomes

The Board tabled three primary items for shareholder approval, all decided via e-voting. The consolidated voting results, filed on September 29, 2026, confirm the adoption of FY26 financial statements, the reappointment of Kamleshwar Prasad as Whole-Time Director, and the ratification of cost auditor remuneration.

One shareholder, M/s Quadrature Capital Vector SP Limited, holding 1,00,729 shares, abstained from voting on all resolutions. These votes were treated as invalid/no voting. No votes were cast against the adoption of financial statements, while minimal dissent was recorded for the director reappointment and auditor ratification.

Leadership and attendance

The meeting was chaired by Ajay Kumar Bansal, Chairman and Managing Director. Several key managerial personnel and independent directors were present to address shareholder queries regarding the company's performance and future outlook.

• Ajay Kumar Bansal: Chairman and Managing Director
• Anish Bansal: Whole-Time Director; Chairperson of Risk Management and CSR Committees
• Neerja Kumar: Non-Executive Independent Director; Chairperson of Audit Committee
• Prashant Kumar Saxena: Non-Executive Independent Director; Chairperson of Stakeholder Relationship Committee
• Vivek Goyal: Non-Executive Independent Director; Chairperson of Nomination and Remuneration Committee
• Arvind Kumar Bansal: Chief Financial Officer
• Arun Kumar: Company Secretary and Compliance Officer

Kamleshwar Prasad, Whole-Time Director, and Mukesh Kumar Garg, Non-Executive and Independent Director, were unable to attend due to unavoidable circumstances. Statutory auditors from M/s. A. N. Garg & Co. Chartered Accountants and scrutinizer Naveen Shree Pandey from M/s. NSP & Associates also participated.

Management commentary

During the address, management highlighted the company's strong growth trajectory. Anish Bansal provided an overview of the company’s performance during the year, while Ajay Kumar Bansal shared views on future prospects. The Chairman thanked shareholders for their continued support and trust in the organization.

The e-voting facility remained open for 30 minutes post-meeting to allow present members to cast their votes. Results and the scrutinizer's report have been disclosed to stock exchanges and posted on the company website.

Hi-Tech Pipes has scheduled its 42nd Annual General Meeting for Monday, September 28, 2026. The meeting will commence at 11:45 am and will be conducted exclusively through Video Conferencing or Other Audio Visual Means.

Meeting Logistics

The company issued the pre-dispatch intimation on September 3, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice aligns with guidelines from the Ministry of Corporate Affairs and SEBI permitting remote AGMs without physical presence. The company subsequently confirmed the completion of dispatch via newspaper publication in Financial Express and Jansatta on September 6, 2026.

Members can access the Notice of the Meeting and the Annual Report for FY26 on the company website. Physical copies are dispensed with under current circulars but remain available upon request to members who have not registered email addresses.

E-Voting Procedures

Bigshare Services Pvt. Ltd. serves as the e-voting agency. Shareholders can exercise their voting rights through remote e-voting or during the meeting via the VC/OAVM platform.

The remote e-voting window will open on Friday, September 25, 2026, at 9:00 am and close on Sunday, September 27, 2026, at 5:00 pm. The cut-off date for voting rights is Monday, September 21, 2026. M/s. NSP & Associates has been appointed as the scrutinizer for the voting process. Results will be declared within two working days of the AGM conclusion.