High Energy Batteries (India) Limited reappointed Mr. M. Ignatius as Director (Operations) at its 65th Annual General Meeting (AGM) held on June 27, 2026. Shareholders approved the reappointment of Mr. M. Ignatius, who retires by rotation and has over four decades of experience in battery design and development with the Indian Navy and DRDO. The meeting also declared a dividend of ₹3 per equity share for the financial year 2025–26.

The resolutions passed included the adoption of financial statements for FY 2025–26, the declaration of dividend, the reappointment of Mr. M. Ignatius, and the commission to non-executive directors. A.S. Kalyanaraman, a Practising Chartered Accountant, served as the Scrutinizer for the e-voting process, verifying the results based on reports from Central Depository Services (India) Ltd (CDSL). Remote e-voting commenced on June 24, 2026, and concluded on June 26, 2026.

Voting Results Summary

The table below summarizes the voting results for the four resolutions passed at the AGM:

Resolution Details

The adoption of financial statements and the declaration of dividend received overwhelming support, with 99.9998% of votes in favour. The reappointment of Mr. M. Ignatius (DIN: 08463140) was also approved with 99.9971% of votes in favour. The resolution regarding the commission to non-executive directors saw 99.3298% of votes in favour, with 32,625 votes against.

The Promoter and Promoter Group held 38,60,327 shares and cast 38,60,327 votes in favour of all resolutions. Public institutions cast 5,37,107 votes in favour. Public non-institutions cast 4,70,785 votes in favour of the financial statements and dividend, with 10 votes against. For the reappointment of the director, public non-institutions cast 4,70,645 votes in favour and 140 against. Regarding the commission to non-executive directors, public non-institutions cast 4,38,160 votes in favour and 32,625 against.

High Energy Batteries (India) Limited has scheduled its 65th Annual General Meeting (AGM) for June 27, 2026, at 11:00 A.M. through Video Conference (VC) and Other Audio Visual Means (OAVM). The meeting complies with the provisions of the Companies Act, 2013, and General Circular No 03/25 dated 22.09.2025 issued by the Ministry of Corporate Affairs. Members attending via VC or OAVM will be counted for the purpose of quorum under Section 103 of the Companies Act, 2013.

The company's Board of Directors has recommended a dividend of ₹3 per equity share of ₹2 each for the financial year 2025-2026. This payout is subject to shareholder approval at the AGM and will be paid on or before July 4, 2026. The dividend applies to 89,63,840 fully paid-up equity shares, with the record date set for June 12, 2026.

In accordance with extant MCA Circulars and SEBI Regulations, the Notice of AGM and the Annual Report for FY 2025-26 were sent electronically on June 4, 2026, to members with registered email addresses. For those without registered email addresses, a web-link is being provided to access the Annual Report in deference to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Notice was also published in "Business Standard" and "Maalai Malar" on June 5, 2026.

The company is providing a Remote e-Voting facility through CDSL. The Remote e-Voting period commences on June 24, 2026, at 09:00 A.M. and ends on June 26, 2026, at 05:00 P.M. The cut-off date for determining voting rights is June 20, 2026. Members attending the AGM are entitled to exercise their voting right at the meeting through e-Voting if they have not already cast their vote by Remote e-Voting.

Mr. A S Kalyanaraman, Practicing Chartered Accountant, has been appointed as the Scrutinizer for the voting process. The Register of members and Share Transfer Books of the company will remain closed from June 13, 2026, to June 27, 2026 (both days inclusive).

Key AGM and Dividend Details