Shareholders meeting

HEMISPHERE PROPERTIES INDIA LIMITED Reg. Office Address: Room No. 0923, 9th Floor, (A Government of India Enterprise) Sankalp Bhawan, GPOA-II, Kasturba Gandhi Marg. New Delhi 110001 CIN: L70101DL2005GOI132162 हेमी(cid:731)े यर (cid:366)ॉपट(cid:334)ज इंिडया िलिमटेड Website: www.hpil.co.in (भारत सरकार का उप(cid:354)म ) Email :info@hpil.co.in,Tel: 011-23783012/23783013 HPIL/BS/Stx/2026-27 Dated: 28.09.2026 To, To, Manager, Manager Listing Department Listing Department BSE Limited, National Stock Exchange of India Limited P.J. Towers, Dalal Street "Exchange Plaza", Plot No. C/1,G Block, Mumbai: 400 001 Bandra Complex, Bandra (E), Mumbai -400 051 Script Code: 543242 Symbol: HEMIPROP Sub: Proceedings of the 22nd Annual General Meeting (AGM) of Hemisphere Properties India Limited held on Monday, September 28, 2026 through VC/OAVM. Sir/ Ma’am, Pursuant to Regulation 30 read with of the Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the proceedings of the 22nd Annual General Meeting (AGM) of Hemisphere Properties India Ltd held on Monday, September 28, 2026 at 2.00 PM (IST) through Video Conferencing/ Other Audio-Visual Means in line with the circulars issued by Ministry of Corporate Affairs and SEBI in this regard. This is for your information and dissemination. Thanking you, For Hemisphere Properties India Limited Lubna Company Secretary & Compliance officer Encl. As above PROCEEDINGS OF THE 22nd ANNUAL GENERAL MEETING OF HEMISPHERE PROPERTIES INDIA LIMITED HELD ON MONDAY, SEPTEMBER 28, 2026 AT 2.00 PM (IST), THROUGH VIDEO CONFERENCING (“VC”) / OTHER AUDIO VISUAL MEANS (“OAVM”") CONCLUDED AT 2.40 PM. The 22nd Annual General Meeting of the members of Hemisphere Properties India Limited was held on Monday, September 28, 2026 at 2.00 PM (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM") in accordance with the provisions of the Companies Act, 2013 read with the applicable General Circular as issued by the Ministry of Corporate Affairs (MCA) and SEBI for the convening of General Meeting through the electronic mode. Following Directors were present : 1. Mr. Ravi Kumar Arora, Director & Chairperson for the AGM 2. Ms D Thara, MD 3. Mr. Pradeep Kumar Jha ,Director 4. Mr. Shyam Lal Poonia, Director 5. Mr. Amit Kumar Agarwal, Non Official Independent Director & Chairperson of Audit Committee, Stakeholders Relationship Committee, Risk management Committee and Nomination & Remuneration Committee The Chief Financial Officer & Company Secretary were in attendance. In addition, representatives of the Statutory Auditors, M/s Aggarwal & Rampal, Mr. Naresh Kumar Sinha, Secretarial Auditor and Mr. Maghisuddin, Scrutinizer for the AGM, also participated in the Meeting through Video Conferencing. The Under Secretary from the Ministry of Housing & Urban Affairs (MoHUA)/ being representative of the President of India attended the meeting through video conferencing. The Statutory Registers were available for inspection by the members at the website of the Company. The shareholders were briefed about the details of participation in the meeting. In terms of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the proceedings of 22nd AGM of Company were as under:- 1. At the outset, the Company Secretary welcomed the shareholders of the Company to the 22nd AGM being held virtually. She apprised the shareholders about general instructions for attending the AGM through VC/OAVM and e-voting thereat. She also introduced the Chairperson, other Directors and representative of President of India, Statutory Auditor & Secretarial Auditor present in the meeting. It was informed that statutory registers and other documents referred to in the Notice are available for inspection. She informed that all feasible efforts have been made by the Company, to enable the shareholders to join the AGM through VC/OAVM and to cast their vote on the proposed resolutions. She further added that requisite quorum for the meeting is present. Thereafter, she requested the Chairperson to conduct the proceedings of AGM. 2. Sh. Ravi Kumar Arora chaired the Meeting and the meeting was called to order and welcomed all shareholders and others present in the meeting. The requisite quorum being present confirmed by the meeting host(CDSL). 3.Thereafter the Chairperson all the shareholders. With the consent of all the members present, Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 and the Reports of the Board of Directors, the Statutory Auditors and the Comments of the Comptroller & Auditor General of India thereon, were taken as read. 4. Thereafter, the forum was opened for discussion with members. The members, who had registered themselves as speaker with the Company, were invited to raise their queries, express their views, and offer suggestions. Pre-registered Members spoke at the meeting and raised wide range of queries on the e-auction, valuations, dividends, road map, future plans etc. of the Company. All the queries as sought by the Members were duly responded by the Chair of the meeting and it was mentioned that detailed replies may be sent to the shareholder through email. The Chairperson then thanked the Members for their continued support and for participating in the Meeting. 4. The Company Secretary informed that Notice of the 22nd AGM has been sent to all shareholders through email. The same is also appearing on the Company’s website and hence, the same is being taken as read. She also mentioned that the Statutory Auditors have audited the standalone financial statements of the Company for the financial year 2025-26 and they have given their report without any qualification, reservation, adverse remark or disclaimer. Further, the Comptroller & Auditor General of India has also given ‘Nil’ comments on the audited (standalone) financial statements of the Company for the financial year 2025-26. 5. The Company Secretary further informed that the Secretarial Auditors, in their Secretarial Audit Report for the financial year 2025-26, have pointed out that the Company did not have requisite number of Independent Director on its Board, due to which constitution of Committee(s) are not in compliance & the Regulation 25 (10) of SEBI Listing Regulations, which was not in compliance with the statutory provisions. 6. In this regard, the Company Secretary read out the management’s comments appearing in the Board's Report that it is informed that HPIL is a Government Company and the power to appoint Directors on the Board of the Company vests with the President of India, acting through the Administrative Ministry, i.e., the Ministry of Housing & Urban Affairs, Government of India and the Company has no role in the appointment of Directors on its Board. The Company requested the Ministry of Housing & Urban Affairs, Government of India, for appointment of requisite number of Independent Director on its Board. Accordingly as on March 31, 2026, the composition of Board which require presence of at least half of the strength of Independent Directors, was not in conformity with the applicable statutory provisions. The Company will be in due compliance with the applicable provisions of SEBI (LODR) 2015, on appointment of requisite no. of Independent Directors on the Board of Company. The Company is considering to comply with the Regulation 25 (10) of SEBI Listing Regulations, 2015 and it is assured that the same shall be adhered. 7 It was further informed that the members were informed that the in line with the SEBI (LODR), 2015 & Companies Act, 2013 facility of e-voting for the Members was made available from Friday, 25th September, 2026 at 9.00 a.m. till Sunday, 27th September, 2026 at 5.00 p.m. 8 She further informed that the shareholders, who have not been able to cast their vote through remote e-voting, would be able [Showing first 8,000 characters — download PDF for full document]