HINDALCO INDUSTRIES LIMITED | To re-elect Kumar Mangalam Birla as Director

Status
AGM passed
AGM date
Previous AGM date
Proposal number
5
Resolution details
Company ticker
HINDALCO
Submitted by
Legal & General Investment Management
Resolution ask
Other ask
ESG theme
  • Environment
ESG sub-theme
  • Climate change
Type of vote
Director vote
Filer type
Management
Company sector
Materials
Company HQ country
India
Resolved clause
RESOLVED THAT pursuant to the provisions of Section 152 of the Companies Act, 2013, the Rules made thereunder and other applicable provisions of the Companies Act, 2013 [“Act”] [including the rules, notifications, circulars, guidelines etc. issued thereunder], the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 [“SEBI Listing Regulations”] and other applicable provisions, if any, [including any statutory amendment(s) or modification(s) or re-enactment(s) thereof, for the time being in force], in line with the Memorandum & Articles of Association of the Company and on the recommendation of the Board of Directors of the Company [hereinafter referred to as the “Board”, which term shall be deemed to include any Committee constituted / empowered / to be constituted by the Board from time to time to exercise its powers conferred by this resolution], Mr. Kumar Mangalam Birla [DIN: 00012813], be and is hereby re-appointed as a Non-Executive Director of the Company, whose office shall be liable to retire by rotation.

How other organisations have declared their voting intentions

Organisation nameDeclared voting intentionsRationale
Legal & General Investment Management (Holdings)AgainstA detailed explanation of our vote intention can be found on the LGIM Blog: https://blog.lgim.com/categories/esg-and-long-term-themes/lgims-voting-intentions-for-2024/
NordeaAgainstThe company does not live up to our expectations on climate transition planning and strategy.

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