HP Adhesives Limited held its 7th Annual General Meeting (AGM) on September 22, 2026, via Video Conferencing. Shareholders approved a final dividend of ₹0.40 per equity share for the financial year ended March 31, 2026.

The meeting, conducted through the Central Depository Services (India) Limited platform, commenced at 3:30 pm and concluded at 3:50 pm. Anjana Haresh Motwani, Chairperson and Executive Director, chaired the session. All existing directors, committee chairpersons, and representatives from the statutory and secretarial auditors were present.

Key resolutions passed

The AGM addressed both ordinary and special business items as outlined in the notice dated August 13, 2026. The following resolutions were transacted:

Governance and voting process

Swati Talgaonkar, Company Secretary, briefed members on regulatory matters and general instructions. Remote e-voting was open from September 19, 2026, to September 21, 2026. Members attending the AGM who had not voted remotely were requested to cast their votes electronically during the meeting.

Shivam Sharma, Proprietor of M/s. Shivam Sharma & Associates, served as the Scrutinizer for the e-voting process. Mihir Suresh Shah, Chief Financial Officer, addressed queries raised by pre-registered speakers. The e-voting results and the consolidated Scrutinizer’s Report will be disclosed to stock exchanges and posted on the company website.

Voting outcomes and shareholder participation

The company disclosed detailed voting results pursuant to Regulation 44(3) of SEBI (LODR) Regulations, 2015. As of the record date (September 15, 2026), the total number of shareholders stood at 52,523. During the virtual meeting, three promoters and 38 public shareholders attended via Video Conferencing.

All five resolutions were passed with the requisite majority. Promoters and promoter group members, holding 65,550,675 shares, voted unanimously in favor of all agenda items. Public non-institutional investors, who polled votes on 23,283 shares, showed minor dissent on specific governance matters:

• Financial Statements & Dividend: Passed with near-unanimous support. Dissent was negligible, with only 110 votes against the financial statements and 130 against the dividend declaration.
• Director Re-appointments: For the re-appointment of Nidhi Haresh Motwani as Director and Executive Director, public non-institutional dissent stood at 10,463 votes (44.94% of their polled votes). However, due to the overwhelming promoter stake, the overall pass rate remained at 99.98%.
• Remuneration Approval: This resolution saw the highest dissent among public non-institutional voters, with 11,513 votes against (49.45% of their polled votes). Despite this, the resolution passed with a total 99.98% majority due to promoter support.

HP Adhesives Limited has dispatched letters containing web-links for the Notice of the 7th Annual General Meeting (AGM) and the Annual Report for FY26. This communication targets shareholders who have not registered their email addresses with the company or depository participants.

Compliance and Access

The dispatch aligns with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders without registered emails can access the documents via the company’s website at https://www.hpadhesives.com/investor-relations/ or through the stock exchange websites.

Physical copies of the Annual Report and AGM Notice can be requested by emailing investors@hpadhesives.com or contacting the Registrar and Transfer Agent, Bigshare Services Private Limited.

AGM Schedule and Voting

The 7th AGM is scheduled for Tuesday, September 22, 2026, at 3:30 pm via Video Conferencing or Other Audio Visual Means. The Board approved these details in its meeting on August 13, 2026.

Only members on the Register of Members as of September 15, 2026, are eligible to vote. Mr. Shivam Sharma has been appointed as Scrutinizer.

Dividend and Remuneration Updates

The company declared a final dividend of ₹0.40 per equity share for FY26, payable on or before October 21, 2026, if approved at the AGM. TDS will apply as per the Income-Tax Act, 2025.

Ms. Nidhi Haresh Motwani’s proposed remuneration is ₹49.33 lakhs per annum, an increase from ₹44.85 lakhs in FY26. She holds 10.88% of the paid-up equity share capital.