Hindusthan Insulators & Industries Limited has fixed Friday, July 10, 2026, as the record date to determine shareholder eligibility for a 2:1 bonus issue. The company will issue bonus equity shares of ₹2 each, with shareholders entitled to receive two shares for every one existing fully paid-up equity share held. The bonus shares will rank pari-passu in all respects with the existing equity shares.

The deemed date of allotment for these bonus shares is Monday, July 13, 2026. The company has undertaken to submit the requisite documents to the depository by 12 P.M. on July 13, 2026. Consequently, the newly allotted bonus shares will be available for trading on the stock exchanges starting Tuesday, July 14, 2026.

This announcement follows the overwhelming approval of the resolution by shareholders, where 99.99% of votes cast were in favour. The remote e-voting process concluded on July 01, 2026, with 5,473,933 votes polled in favour and only 27 against. The previous record date for determining eligibility was May 29, 2026.

Voting Breakdown

The voting results were scrutinized by Mr. Neeraj Sharma, a Practicing Company Secretary. The detailed voting pattern across different shareholder categories is outlined below:

Procedural Details

The intimation was submitted to BSE Limited pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company appointed National Securities Depository Limited (NSDL) to facilitate the e-voting process. The notice for the postal ballot was sent electronically to members whose email addresses were registered with the company or depositories.

Hindusthan Insulators & Industries Ltd has approved a capital expenditure of approximately ₹11.25 crore to install a 5 MW rooftop solar power plant at its manufacturing facility in Mandideep, Madhya Pradesh. The project, approved by the Board of Directors on June 30, 2026, is expected to generate 69.35 lakh units of electricity annually, resulting in substantial savings on energy costs and enhancing operational efficiency.

The proposed installation includes a 5 MW (DC) and 3.9 MW (AC) Rooftop Solar Power Plant at Plot No. 01-08 New Industrial Area, Mandideep. The estimated cost of ₹11.25 crore excludes applicable taxes and duties and will be funded entirely through the company's internal accruals. The initiative underscores the company's commitment to sustainability by adopting renewable energy and reducing carbon emissions.

Project Details

The solar power plant is subject to necessary approvals from statutory or regulatory authorities. The project is designed to support environmentally responsible business practices while significantly lowering the company's energy expenditure.

The Board's decision aligns with Hindusthan Insulators & Industries Ltd's strategy to improve operational efficiency through sustainable energy solutions. The reduction in energy costs is expected to have a positive impact on the company's financial performance over the long term.