Hercules Investments Ltd: AGM Approves Director Re-appointments and Dividend
Hercules Investments Ltd held its 64th Annual General Meeting (AGM) on August 13, 2026, conducted via Video Conference. Key resolutions passed include the re-appointment of Shri Hariprasad Nevatia as Whole-time Director effective November 22, 2026, and the re-appointment of Shri Shekhar Bajaj as Non-Executive Non-Independent Director. The AGM also approved the adoption of audited financial statements for the fiscal year ended March 31, 2026, and declared a final dividend of ₹2.50 per equity share. Other businesses transacted involved approving material related party transactions and loans/guarantees up to ₹100 Crores.
Key Highlights
- Shri Hariprasad Nevatia re-appointed Whole-time Director from Nov 22, 2026.
- Shri Shekhar Bajaj re-appointed Non-Executive Non-Independent Director.
- Audited financials for FY26 adopted at the AGM.
- Final dividend of ₹2.50 per equity share declared.
- Approval for material related party transactions and loans up to ₹100 Cr.
Price Impact
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