HFCL shareholders approve all resolutions at 38th AGM

At its 38th annual general meeting (AGM), HFCL Limited passed all seven resolutions with requisite majority, as confirmed in voting results submitted on September 16, 2025. Key ordinary resolutions included the adoption of the audited financial statements for the year ended March 31, 2025, and the declaration of a dividend of ₹0.10 per equity share. The financial statement adoption saw 99.9887% votes in favor, while the dividend declaration received 99.9988% approval.

Special resolutions, also passed, covered the re-appointment of Dr. Ranjeet Mal Kastia as a director with 99.7808% approval, and the appointment of Mr. Baldev Singh Kashtwal as secretarial auditor for five consecutive financial years from 2025-26 to 2029-30, approved by 99.9887% of votes.

Other special resolutions included approving the shifting of the registered office from Himachal Pradesh to Haryana, which passed with 99.9989% approval, and a resolution to approve raising funds, supported by 99.9881% of votes. The voting involved both remote e-voting and e-voting at the AGM, with a total of 880,897 shareholders on record as of September 09, 2025.