Hindprakash Industries Limited has announced that its board of directors will meet on Thursday, May 28, 2026. The meeting has been convened pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary agenda item for the upcoming board meeting is to consider and approve the audited standalone financial results of the company. These results pertain to the quarter and year ended March 31, 2026.

Trading Window Closure

As per the intimation, the trading window for all insiders has been closed since April 01, 2026. This closure applies to promoters, directors, designated persons, and their immediate relatives. The window is scheduled to re-open after the expiry of 48 hours from the time the financial results become generally available to the public.

Meeting Details

Hindprakash Industries Limited has completed the postal ballot proceedings for the disposal of its entire unit/undertaking, with shareholders approving the proposal on April 21, 2026. The special resolution was passed with 99.80% of votes polled in favour, according to the scrutinizer's report submitted to the stock exchanges.

The Board of Directors had decided on March 18, 2026, to obtain member consent through postal ballot under Section 110 of the Companies Act, 2013, read with Rule 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resolution sought approval to sell, transfer, or otherwise dispose of the whole of the unit/undertaking of the company.

The voting process was conducted entirely through remote e-voting facility provided by CDSL (Central Depository Services (India) Limited). Notices were sent via email to members whose names appeared in the register of members or records of depositories as on March 13, 2026. The voting period remained open from March 23, 2026, at 9:00 a.m. IST until April 21, 2026, at 5:00 p.m. IST.

The detailed voting results show strong support across shareholder categories:

Mr. Om Prakash Mangal, Chairman & Non-Executive Director, declared the results in the presence of Whole-time Director Santosh Narayan Nambiar. The Board had appointed Mr. Uday Dave and Mr. Umesh Parikh, Partners of Parikh Dave & Associates, Practicing Company Secretaries, as scrutinizers to ensure the postal ballot and voting process was conducted in a fair and transparent manner.

The resolution was duly passed with the requisite majority on April 21, 2026. The company has submitted the proceedings of the postal ballot to both the National Stock Exchange of India Limited and BSE Limited for their records as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.