
Hindustan Composites Board Approves FY26 Results, Recommends ₹2 Dividend
Hindustan Composites Ltd's Board of Directors, at its meeting on April 23, 2026, 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 (face value ₹5) 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 FY2026-27 and approved a Capacity Expansion Plan for the same financial year. The company also addressed a past fine of ₹1,55,000 for delayed submission of Q1 FY2019 consolidated results, stating it was not in default as per SEBI clarifications, but paid the fine and filed a waiver application.
Key Highlights
- Board approved Audited Standalone and Consolidated Financial Results for Q4 and FY26.
- Recommended a dividend of ₹2 per equity share for the financial year ended March 31, 2026.
- Re-appointed M/s. Suresh Pimple & Associates as Cost Auditors for FY2026-27.
- Approved a Capacity Expansion Plan for the financial year 2026-27.
- Clarified on a past fine for delayed Q1 FY2019 consolidated results, stating no default.
Price Impact
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