Hindusthan Urban Infrastructure Ltd — Others, 21-07-2025: AGM/EGM
21-07-2025 | 06:08 pm
21-07-2025 | 06:08 pm
Hindusthan Urban Infrastructure Limited shareholders have overwhelmingly approved the sale of shares of Hindusthan Speciality Chemicals Limited, a material subsidiary. The Postal Ballot, conducted through remote e-voting, concluded with the resolution passing as a Special Resolution. An impressive 99.98% of the valid votes cast were in favor of the sale. This crucial decision enables the company to proceed with the divestment of its stake in the subsidiary, streamlining its business operations and potentially impacting its financial structure, which is a key development for all stakeholders.
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