Hindprakash Industries Ltd. Schedules Postal Ballot for Resolution Approval
Hindprakash Industries Limited announced on March 20, 2026, that it has dispatched a Postal Ballot Notice electronically to shareholders. The notice seeks approval for a resolution through remote e-voting.The remote e-voting period will commence on Monday, March 23, 2026, at 9:00 a.m. IST and end on Tuesday, April 21, 2026, at 5:00 p.m. IST. Shareholders holding shares as on the cut-off date of March 13, 2026, are eligible to vote. The result of the voting will be declared within 2 working days following the e-voting period's conclusion at the company’s registered office.
A copy of the Postal Ballot Notice is available on the company website www.hindprakash.in and on the e-voting website of CDSL www.evotingindia.com.
Special Business: Sale of Undertaking
A key resolution seeks approval to sell or transfer the company’s entire unit/undertaking, specifically Non Agricultural land including building admeasuring 38,433.534 sq.mts situated at Plot No. T-10 to T-12, Saykha Industrial Estate, GIDC, Ta. Vagra, Dist. Bharuch, Gujarat, India, to a third-party buyer. The consideration is expected to be not less than the value determined by a registered valuer. The proceeds will be utilized for working capital requirements, repayment of outstanding debt, and general corporate purposes.
| Voting Start Date & Time | Voting End Date & Time |
|---|---|
| March 23, 2026 at 9:00 a.m. | April 21, 2026 at 5:00 p.m. |
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