Quarterly Result23 Apr 2026, 06:21 pm
Hindustan Composites Board Approves FY26 Results, Recommends ₹2 Dividend
AI Summary
Hindustan Composites Ltd.'s Board of Directors approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board recommended a dividend of ₹2 per equity share for FY26, subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the Board re-appointed M/s. Suresh Pimple & Associates as Cost Auditors for FY26-27 and approved a capacity expansion plan for the same financial year. The company also addressed a ₹1,55,000 fine from BSE for delayed Q1 FY19 consolidated results, asserting no default based on SEBI clarifications and confirming a waiver application has been filed.
Key Highlights
- Board approved Audited Standalone and Consolidated Financial Results for Q4 and FY26.
- Recommended a dividend of ₹2 per equity share for FY26, pending AGM approval.
- Approved a capacity expansion plan for the financial year 2026-27.
- Re-appointed M/s. Suresh Pimple & Associates as Cost Auditors for FY26-27.
- Addressed a BSE fine for delayed Q1 FY19 results, stating no default and filing a waiver.
Price Impact
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