Although 63% of participating shareholders supported the resolutions, 37% voted against them. As these were special resolutions, they required at least three times more votes in favour than against to pass, which was not achieved.
Hindustan Zinc shares slide 15% in 6 days. Should you buy the dip?
Hindustan Zinc shares: The selloff coincides with the company’s rollout of a multi-year expansion strategy, leading to a split among Dalal Street brokerages on whether