Honeywell automation India Limited successfully completed its postal ballot process on January 30, 2026, with shareholders approving two critical director appointments through remote e-voting. The company announced the voting results in compliance with Regulation 44(3) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Postal Ballot Process Details

The postal ballot process was conducted entirely through remote e-voting, with key timeline parameters established for shareholder participation:

Resolution Results

Shareholders voted on two resolutions, both of which were successfully passed with requisite majority:

Resolution 1: Appointment of Non-Executive Director

The ordinary resolution for appointing Mr. Jake Morgan Wasserman (DIN: 11364789) as Non-Executive Director received overwhelming support:

Resolution 2: Re-appointment of Independent Director

The special resolution for re-appointing Dr. Ganesh Natarajan (DIN: 00176393) as Independent Director also secured approval:

Scrutinizer Oversight

CS Amruta Rajarshi, Partner at Bokil Punde & Associates, served as the appointed scrutinizer for the postal ballot process. The scrutinizer was appointed through a Board resolution dated December 30, 2025, and submitted the final report on January 30, 2026. The scrutinizer confirmed that the voting process was conducted in a fair and transparent manner using the e-voting system provided by National Securities Depository Limited (NSDL).

Regulatory Compliance

The postal ballot process adhered to multiple regulatory frameworks, including Section 108 and Section 110 of the Companies Act, 2013, Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, and various MCA circulars. The voting results and scrutinizer's report have been made available on the company's website and NSDL's e-voting portal for transparency.

Both resolutions were declared passed with the requisite majority, enabling Honeywell Automation India Limited to proceed with the approved director appointments as per the shareholders' mandate.

Honeywell is positioning automation as a long-term structural growth driver, with Chairman and CEO Vimal Kapur highlighting the company's Forge platform and "physical AI" strategy during an interview at the World Economic Forum 2026 in Davos. The industrial conglomerate sees significant opportunities in helping companies achieve higher efficiency across energy systems, supply chains, and buildings.

Automation as Secular Growth Driver

Kapur emphasized that automation represents a fundamental shift in how industries operate. "Automation is a secular growth trend. As the world becomes more productive, you need to put automation into all kinds of infrastructure," he explained. The company has operated in automation for more than a century, giving it deep expertise in energy, supply chains, and building systems.

The CEO outlined how different industries face unique challenges that require tailored solutions:

Forge Platform and Physical AI Strategy

A central component of Honeywell's strategy is the Forge platform, designed to unlock value from industrial data. Kapur distinguished between consumer AI applications and industrial AI needs, noting that industrial data is not publicly available and cannot be used to train generic models.

"That's where physical AI comes in," Kapur said. "You want to have access to data, remove data friction, and solve segment-specific issues." The approach focuses on augmenting the workforce rather than replacing it, with the goal of enabling workers to become more productive.

The company expects to benefit from AI applications in the physical world over the next 20 to 30 years, viewing higher productivity as one of the biggest potential gains for the global economy.

Three-Way Corporate Split Progress

Honeywell is executing a major restructuring announced in February 2025, splitting into three independent, publicly listed businesses. The company has already completed the spin-off of its specialty chemicals unit, now operating as Solstice Advanced Materials for approximately three months.

Kapur explained that the restructuring creates clearer growth platforms for each business and provides shareholders with sector-specific investment choices. "It's a win for our shareholders because they can invest in the sector-specific choices they have," he said.

Financial Outlook and Growth Expectations

The automation-focused Honeywell expects steady expansion rather than sharp swings tied to single themes. Kapur described the company as a through-cycle business with exposure to multiple end markets, providing stability across different economic conditions.

While Honeywell participates in AI-related infrastructure and data centers, these areas are not the dominant growth drivers. Instead, the company relies on its large installed customer base to drive performance by helping clients improve efficiency and profitability.

"Our customers win because they make more money, and therefore they pay us more money. So, it is a win-win," Kapur explained, highlighting the mutually beneficial nature of the company's technology offerings.