Huhtamaki India 76th AGM: All 6 Resolutions Passed with Requisite Majority

Huhtamaki India Limited held its 76th Annual General Meeting (AGM) on Friday, May 8, 2026, through Video Conferencing (VC) and Other Audio-Visual Means (OAVM), with the meeting commencing at 2:30 p.m. and concluding at 4:31 p.m. All six resolutions placed before the members were passed with the requisite majority, as confirmed by the scrutinizer's report submitted by S. N. Ananthasubramanian & Co., Company Secretaries. The meeting was chaired by Mr. Murali Sivaraman, and was attended by the full Board of Directors, Chief Financial Officer, and representatives of the statutory and secretarial auditors.

Meeting Overview

The AGM was convened to discuss various statutory and business matters, including the adoption of financial statements for the financial year ended December 31, 2025. A total of 36,550 shareholders were registered as of the cut-off date of May 1, 2026. Of these, 55 members attended through Video Conferencing — 1 from the Promoter and Promoter Group and 54 from the public. The remote e-voting facility was provided by the National Securities Depository Limited (NSDL), with the voting window open from May 5, 2026, to May 7, 2026. A total of 34,253 members were registered via email. Additionally, 21 members had registered their interest for speaking and asking questions, sharing their views on the company's performance and business during the meeting.

Mr. Kamal Taneja, Managing Director, and Mr. Amit Gupta, Chief Financial Officer, made a presentation to the members on the company's performance during the Financial Year 2025. The Chairman, along with the Managing Director and CFO, responded to questions raised by members and noted their suggestions and comments.

Resolution Results

The resolutions presented at the AGM covered financial approvals, director appointments, and auditor remuneration. Shareholders approved a dividend of Re.2/- per equity share (100%) on equity shares. The voting pattern indicated strong shareholder approval across the board, with assent votes consistently exceeding 99.9% for all items. The detailed voting figures for each resolution are summarized below.

Voting Summary

Item No:	Resolution Description	Type	Total Votes	Assent (%)	Dissent (%)
1	Adoption of Financial Statements for FY 2025	Ordinary	5,23,81,131	99.98	0.02
2	Declaration of Dividend on Equity Shares	Ordinary	5,23,84,038	100.00	0.00
3	Re-appointment of Mr. Axel Glade (DIN: 10780455)	Ordinary	5,23,84,038	99.96	0.04
4	Appointment of Ms. Ramya Mohan (DIN: 11593706) as Whole-time Director	Special	5,23,84,038	100.00	0.00
5	Appointment of Mr. Vinit Mahadevan (DIN: 11588535) as Whole-time Director	Special	5,23,84,038	100.00	0.00
6	Ratification of Cost Auditors Remuneration for FY 2026	Ordinary	5,23,84,148	100.00	0.00

Key Appointments and Approvals

Shareholders voted to re-appoint Mr. Axel Glade, who retires by rotation, as a Non-Executive Director. The company also received approval through special resolutions for the appointment of Ms. Ramya Mohan and Mr. Vinit Mahadevan as Directors and Whole-time Directors of the company. The dividend of Re.2/- per equity share (100%) on equity shares was declared through an ordinary resolution. Additionally, the remuneration payable to the Cost Auditors for the financial year ending December 31, 2026, was ratified. The results have been disseminated to the National Stock Exchange of India Limited (NSE) and BSE Limited, and are available on the company's website.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.57%	-8.10%	-3.33%	-30.35%	-13.79%	-37.46%

Huhtamaki India Limited has disclosed the resignation of Mr. Himanshu Desai from the position of Head of Operations, with his last working day at the company being May 8, 2026. The intimation was made to BSE Limited and the National Stock Exchange of India Ltd pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Abhijaat Sinha, Company Secretary & Legal Counsel, on behalf of Huhtamaki India Limited.

Key Details of the Resignation

The following details have been disclosed in accordance with Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024:

Parameter:	Details
Name:	Himanshu Desai
Designation:	Head of Operations
Reason for Change:	Resignation to explore other professional and personal pursuits
Last Working Day:	May 8, 2026
Term of Appointment:	Not Applicable
Brief Profile (Appointment):	Not Applicable
Relationship Disclosure:	Not Applicable

Resignation Communication

In his resignation letter dated February 17, 2026, addressed to Deep Banerjee, Mr. Desai formally announced his decision to step down from his role as Head of Operations at Huhtamaki India Limited. He expressed gratitude for the trust and support received across the locations he worked with during his tenure. Mr. Desai also affirmed his commitment to ensuring a smooth handover and supporting the leadership team through the transition period, completing his notice period before his final working day on May 8, 2026.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 and other relevant provisions of the SEBI Listing Regulations. The company has submitted the requisite annexure along with a copy of the resignation letter to both BSE Limited and the National Stock Exchange of India Ltd as part of its listing obligations. Huhtamaki India Limited is registered and headquartered at the 7th Floor, Bellona, The Walk, Hiranandani Estate, Ghodbunder Road, Thane West – 400 607, Maharashtra.