BirlaNu Limited (formerly HIL Limited) successfully conducted its 78th Annual General Meeting (AGM) on July 31, 2025, with shareholders showing strong support for the company's initiatives and financial performance.

Key Highlights

• All seven proposed resolutions passed with requisite majority
• 61 shareholders attended through video conferencing
• Final dividend of Rs 30.00 per equity share (300% on Rs 10.00 face value) approved
• Remuneration for Managing Director & CEO Akshat Seth for 2025-26 approved
• Amendments to Employee Stock Option Scheme 2019 ratified

Shareholder Participation and Voting Results

The AGM, held virtually, saw participation from 61 shareholders out of the total 32,280 shareholders on record as of July 24, 2025. The meeting, which commenced at 3:00 PM IST, concluded at 4:30 PM IST.

Shareholders demonstrated overwhelming support for the company's proposals, with approval rates ranging from 98.15% to 99.99% across all resolutions. The voting process included both remote e-voting and e-voting during the AGM, ensuring a fair and transparent decision-making process.

Key Resolutions Approved

1. Financial Statements Adoption: The audited Standalone and Consolidated Financial Statements for the year ended March 31, 2025, were adopted.

2. Dividend Declaration: A final dividend of Rs 30.00 per equity share (300% on Rs 10.00 face value) was declared for the financial year 2024-25.

3. Director Re-appointment: Mr. Desh Deepak Khetrapal was re-appointed as a director liable to retire by rotation.

4. Secretarial Auditor Appointment: M/s Ranjeet Pandey & Associates were appointed as Secretarial Auditors for a term of 5 consecutive years.

5. CEO Remuneration: The remuneration for Managing Director & CEO Akshat Seth for the financial year 2025-26 was approved.

6. Employee Stock Option Scheme: Amendments to the 'HIL Limited Employee Stock Option Scheme 2019' were approved.

7. Cost Auditors' Remuneration: The remuneration for Cost Auditors for the year ending March 31, 2026, was ratified.

Management's Perspective

Mr. CK Birla, Chairman & Non-Executive Director, presided over the meeting and provided insights into the industry overview, the company's performance for the financial year 2024-25, and future challenges and opportunities. He acknowledged the contributions of employees and stakeholders in achieving the company's targets.

Conclusion

The strong shareholder support demonstrated at the AGM reflects confidence in BirlaNu Limited's management and strategic direction. The approval of all resolutions, particularly those related to financial performance, leadership remuneration, and employee benefits, indicates alignment between the company's goals and shareholder expectations.

The company's commitment to transparency and shareholder engagement was evident in the comprehensive voting process and the detailed disclosures made during the AGM. As BirlaNu Limited moves forward, the strong mandate from shareholders provides a solid foundation for the company's future growth and strategic initiatives.

Birlanu (formerly known as HIL Limited), a prominent player in the construction materials sector, has announced a crucial board meeting scheduled for August 4, 2025. The primary agenda of this meeting is to review and approve the company's financial performance for the first quarter of the fiscal year 2026.

Board Meeting Details

The company has officially communicated to both the BSE Limited and the National Stock Exchange of India Limited about the upcoming board meeting. This notification, dated July 24, 2025, adheres to the regulatory requirements outlined in Regulation 29 read with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Under Review

During the scheduled meeting, the Board of Directors will deliberate on:

• Unaudited standalone financial results for Q1 FY2026 (quarter ending June 30, 2025)
• Unaudited consolidated financial results for the same period

Company Profile

BirlaNu Limited has established itself as a diversified company in the construction materials industry. The company's product portfolio includes pipes, construction chemicals, putty, and solutions for roofs, walls, and floors.

Investor Communication

The company's proactive approach in scheduling this meeting and promptly informing the stock exchanges demonstrates its commitment to transparency and compliance with regulatory standards. Investors and market analysts will be keenly watching for the Q1 results, as they will provide insights into BirlaNu's performance in the evolving construction materials market.

As the construction sector continues to be a key indicator of economic activity, BirlaNu's financial results may offer valuable insights into broader market trends and the company's positioning within the industry.

Shareholders and interested parties should mark their calendars for August 4, 2025, when the Q1 FY2026 results are expected to be made public following the board meeting.