StockWatch
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Industrial Products
Quarterly Result10 Nov 2026, 01:40 pm

Hirect Ltd Declares Un-audited Financial Results for Q2 FY27

AI Summary

Hirect Ltd announced its un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The Board of Directors also approved the appointment of Bigshare Services Pvt. Ltd. as the new Registrar to an Issue & Share Transfer Agent, replacing Adroit Corporate Services Pvt. Ltd. Additionally, the company resolved to issue a corporate guarantee or standby letter of credit up to 2 Million EURO in favor of its subsidiary, Elventive France. The transaction with Elventive France, a related party, is being undertaken on an arm's length basis, though it represents a potential contingent liability for Hirect Ltd.

Key Highlights

  • Company declared un-audited financial results for Q2 FY27.
  • Appointed Bigshare Services as new Registrar and Share Transfer Agent.
  • Approved corporate guarantee of up to 2 Million EURO for subsidiary.
  • Subsidiary transaction is on an arm's length basis.
  • Corporate guarantee poses a potential contingent liability.