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Hisar Metal Industries Announces 34th AGM and Dividend Declaration

Hisar Metal Industries Limited has officially announced its 34th Annual General Meeting (AGM), scheduled for September 20, 2024. Shareholders are eagerly anticipating the meeting, where a dividend of ₹1 per share will be declared, among other significant decisions.

AGM Date and Venue Hisar Metal Industries Limited will hold its 34th AGM on Friday, September 20, 2024, at 9:00 AM. The meeting will take place at the company's registered office located near Industrial Development Colony, Delhi Road, Hisar-125005, Haryana.

Key Highlights of the AGM

1. Dividend Declaration

• The Board of Directors has recommended a dividend of ₹1 per share for the financial year ending March 31, 2024.
• Shareholders whose names appear on the company's register by September 9, 2024, will be eligible to receive the dividend.
• The dividend will be disbursed within 30 days of its declaration during the AGM.

2. Reappointment of Directors

• The AGM will also include the reappointment of Mrs. Anubha Tayal (DIN-00081391) and Mr. Abhiram Tayal (DIN 00081453), who are set to retire by rotation and are eligible for reappointment.

3. Special Resolutions

• Several special resolutions are set to be discussed, including the appointment of Mr. Ritesh Mohan Jindal, Mr. Parduman Kumar Sandhir, Mr. Rajender Kumar Leekha, Mr. Sanjay Kumar Jain, Mr. Sandeep Garg, and Mr. Sanjeev Goyal as Non-Executive Independent Directors of the company.

Detailed Agenda

Reappointment of Directors

• The AGM will address the reappointment of key board members, ensuring the company's leadership remains strong and experienced.

Ratification of Cost Auditors' Remuneration

• Shareholders will also vote on ratifying the remuneration of M/s Naveen Gupta & Co., Cost Accountants, appointed as Cost Auditors for the financial year 2024-25.

Shareholders' Instructions

1. Voting Information

• Remote e-voting will be available from September 17, 2024, to September 19, 2024.
• Members attending the AGM in person can cast their votes using the ballot paper system.

2. Participation in the AGM

• Shareholders can attend the AGM in person or appoint a proxy to vote on their behalf. The proxy must be submitted at least 48 hours before the meeting.

3. Dividend Information