Hind Rectifiers Limited — Others, 31-03-2025: Shareholders meeting

Hind Rectifiers Limited reported that shareholders have approved two special resolutions through a Postal Ballot. The first approval pertains to managerial remuneration for Mr. Suramya Nevatia, the Chairman & Managing Director, for his term ending August 16, 2026. The second resolution approves remuneration for Mrs. Akshada Nevatia, Executive Director, until January 14, 2026. Both resolutions passed with significant support, with approximately 99.99% voting in favor. This approval could strengthen management's stability and potentially enhance investor confidence, offering a positive outlook for governance and operational continuity.