Archive · 23 Sep 2025
Hikal Shareholders Approve Amit Kalyani Reappointment
Shareholders of Hikal voted to keep Amit Kalyani as a non-executive, non-independent director.
This happened amidst a family dispute between the Kalyani and Hiremath families, who founded Hikal.
Amit Kalyani is the son of Baba Kalyani.
The vote went in his favor, with 99% of votes approving his reappointment.
Other resolutions, including financial accounts and dividends, were also approved.
The Hiremaths hold a slightly larger share of the company compared to the Kalyanis.
The family dispute involves disagreements over company shares.
Shareholders approved Amit Kalyani's reappointment as director.
The proposal received 99% of the vote.
237 members voted in favor of the reappointment.
Other resolutions, including financial accounts and dividends, were approved.
The Hiremaths and Kalyani families are in dispute.
- Who
- Amit Kalyani, Baba Kalyani, Jaidev Hiremath, Sugandha Hiremath, and shareholders
- What
- Shareholders voted on Amit Kalyani's reappointment as director.
- When
- Tuesday, September 23, 2025
- Where
- Hikal
- Why
- Due to a family dispute influencing the vote.
Hiremath Family Stance
Kalyani Family Stance
Reappointment Vote
Hiremath Family Stance
Reportedly voted in favor.
Kalyani Family Stance
Voted in favor.
- Company
- Hikal
- Key Figures
- Amit Kalyani, Baba Kalyani, Jaidev Hiremath, Sugandha Hiremath
- Promoter Stakes
- Kalyanis (34%), Hiremaths (35%)
- Reappointment Vote Result
- 99% in favor
- Next Hearing
- October (Bombay High Court)
