Hindoostan Mills shareholders approved all resolutions at its 122nd Annual General Meeting with 99.99% assent. The overwhelming support covers the adoption of FY26 financials and key governance appointments.

The meeting, held on September 10, 2026, via video conference on the NSDL platform, concluded without any qualifications in the auditors' report. M/s PRS Associates served as the scrutinizer for the e-voting process, confirming that all four agenda items passed with the requisite majority.

Voting Results Breakdown

The consolidated voting results show near-unanimous backing from shareholders across all ordinary and special resolutions. A total of 54 shareholders participated, casting votes on 11,60,467 shares. Only three shareholders dissented, representing just 102 shares or 0.01% of valid votes.

Key Resolutions Passed

Shareholders approved the following items during the meeting:

• Adoption of the audited financial statements for the year ended March 31, 2026, along with the reports of the Directors and Auditors.
• Re-appointment of Mr. Abhimanyu J. Thackersey as a director retiring by rotation.
• Appointment of M/s SHR & Co Chartered Accountants as Statutory Auditors for five years, from 2026-27 to 2030-31.
• Approval for the re-appointment of Mr. Abhimanyu J. Thackersey as Joint Managing Director and payment of remuneration for five years, effective from February 8, 2027.

Audit and Governance Observations

The Company Secretary informed members that there were no qualifications in the Auditors' Report. The observations and comments appearing in the report were described as self-explanatory and having no adverse effect on the company's functioning.

Mr. Narayan Parekh, Partner of M/s PRS Associates, served as the scrutinizer for the e-voting process. The Chairman authorized the Company Secretary to declare the voting results upon receipt of the Scrutinizer's Report.

Hindoostan Mills has scheduled its 122nd Annual General Meeting (AGM) for Thursday, September 10, 2026, at 11:30 A.M. The meeting will be conducted through video conference or other audio-visual means (OVAM), ensuring accessibility for shareholders in compliance with Ministry of Corporate Affairs and SEBI circulars. To determine the list of shareholders entitled to attend and vote, the company has fixed the book closure period from Monday, September 7, 2026, to Thursday, September 10, 2026 (both days inclusive). Shareholders must hold units during this window to participate in the proceedings.

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to the BSE Limited by Kaushik Narottamdas Kapasi, Company Secretary & Compliance Officer of Hindoostan Mills Limited, on August 7, 2026.

Book Closure Dates

The fixation of book closure dates is governed by Section 91 of the Companies Act, 2013, read with Rule 10 of the Companies (Management and Administration) Rules, 2014. These provisions mandate the temporary suspension of share transfers to establish a definitive record of membership for voting purposes.

Implications for Shareholders

The primary implication for investors is the need to ensure their holdings are registered in the company’s books before the closure period begins. Any share transfers initiated after September 7, 2026, may not reflect in time for the AGM record date. Consequently, shareholders intending to sell their stakes should complete transactions prior to the book closure start date if they wish to retain voting rights for this specific meeting. Conversely, new buyers must ensure settlement and registration are completed before September 7 to qualify for participation.

All relevant information regarding the AGM is available on the company's official website at https://www.hindoostan.com/ . Investors are advised to monitor the site for further communications, including the notice of the meeting and explanatory statements.