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.

Hindprakash Industries Limited has submitted its quarterly compliance certificate to the National Stock Exchange and BSE Limited for the quarter ended March 31, 2026. The filing relates to SEBI Regulation 74(5) of the Depositories and Participants Regulations, 2018.

Regulatory Compliance Status

The company's registrar and transfer agent, Bigshare Services Private Limited, issued a certificate confirming the non-applicability of Regulation 74(5) for the reporting quarter. According to the certificate dated March 31, 2026, the regulation does not apply to Hindprakash Industries as the entire shareholding remains in dematerialized form.

Certificate Details

Bigshare Services Private Limited confirmed that no requests were received from company members for either rematerialization or dematerialization during the quarter ended March 31, 2026. The registrar operates from Ahmedabad and holds SEBI registration as a Category I Registrar & Transfer Agent.

The compliance certificate was signed by Company Secretary & Compliance Officer Utsav Trivedi on April 07, 2026, and submitted to both stock exchanges where the company is listed.

Company Information

Hindprakash Industries Limited operates from its registered office in Vatva, Ahmedabad, Gujarat. The company maintains its corporate identity number L24100GJ2008PLC055401 and trades under the symbol HPII on stock exchanges.

This quarterly filing represents standard regulatory compliance under SEBI's depositories framework, ensuring transparency in share transfer and dematerialization processes for listed companies.