Hatsun Agro Product Limited Shareholders Approve Reappointment of Independent Director Through Postal Ballot
Hatsun Agro Product Limited shareholders approved the reappointment of Mr. V R Muthu as Non-Executive Independent Director through postal ballot voting concluded on January 21, 2026. The special resolution passed with 88.49% approval from 195.32 million shares voted, representing 87.69% participation of outstanding shares. The e-voting process was scrutinized by Mr. Ramanathan Nachiappan of S Dhanapal & Associates LLP, with results declared on January 23, 2026.

*this image is generated using AI for illustrative purposes only.
Hatsun Agro Product Limited has successfully completed its postal ballot process, with shareholders approving the reappointment of Mr. V R Muthu as Non-Executive Independent Director. The company announced the results on January 23, 2026, following the conclusion of the e-voting process on January 21, 2026.
Postal Ballot Results
The special resolution for Mr. V R Muthu's reappointment received overwhelming shareholder support, with detailed voting results demonstrating strong confidence in the appointment.
| Voting Parameter | Details |
|---|---|
| Total Valid Votes Cast | 19,53,24,113 shares |
| Votes in Favour | 17,28,40,619 shares |
| Votes Against | 2,24,83,494 shares |
| Approval Percentage | 88.49% |
| Total Members Participated | 233 |
Shareholder Category Breakdown
The voting pattern across different shareholder categories revealed varying levels of support for the resolution.
| Category | Shares Held | Votes Polled | Polling % | Votes in Favour | Approval % |
|---|---|---|---|---|---|
| Promoter Group | 16,29,78,112 | 16,29,78,112 | 100.00% | 16,29,78,112 | 100.00% |
| Public Institutions | 3,00,57,212 | 2,40,72,493 | 80.09% | 20,27,954 | 8.42% |
| Public Non-Institutions | 2,97,12,944 | 82,73,508 | 27.84% | 78,34,553 | 94.69% |
Voting Process Details
The postal ballot process was conducted entirely through electronic voting, with the company utilizing NSDL's e-voting platform. The cut-off date for determining eligible shareholders was December 19, 2025, and the postal ballot notice was dispatched on December 22, 2025.
| Process Parameter | Details |
|---|---|
| Cut-off Date | December 19, 2025 |
| Notice Dispatch Date | December 22, 2025 |
| E-voting Period End | January 21, 2026 (5:00 PM) |
| Results Declaration | January 23, 2026 |
| Overall Participation | 87.69% of outstanding shares |
Appointment Details
Mr. V R Muthu (DIN: 01908841) has been reappointed as a Non-Executive Independent Director for his second and final term of five consecutive years. The appointment follows regulatory requirements under the Companies Act, 2013, and SEBI regulations.
Scrutinizer Report
Mr. Ramanathan Nachiappan, Designated Partner of S Dhanapal & Associates LLP, served as the scrutinizer for the postal ballot process. The scrutinizer confirmed that all procedural requirements were met and the voting process was conducted in accordance with applicable regulations. The company has submitted the scrutinizer report and voting results to both BSE and NSE as required under Regulation 44 of SEBI (LODR) Regulations, 2015.
Historical Stock Returns for Hatsun Agro Product
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.32% | +2.95% | -7.29% | +0.24% | -10.57% | +29.43% |
































