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Board Meeting23 Apr 2026, 06:31 pm

Hindustan Composites Board Recommends ₹2 Dividend for FY26

AI Summary

The Board of Directors of Hindustan Composites Ltd, 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 final dividend of ₹2 per equity share for FY 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the Board re-appointed M/s. Suresh Pimple & Associates as Cost Auditors for FY 2026-27 and approved a capacity expansion plan for the same financial year. The company also clarified its position on a past fine for delayed financial results submission, stating it was not in default and has applied for a waiver.

Key Highlights

  • Board approved audited Q4 and FY26 standalone and consolidated financial results.
  • Recommended a final dividend of ₹2 per equity share for FY 2025-26.
  • Re-appointed M/s. Suresh Pimple & Associates as Cost Auditors for FY 2026-27.
  • Approved capacity expansion plan for the financial year 2026-27.
  • Clarified position on a past fine for delayed results, seeking waiver from BSE.