Hindustan Composites Ltd: 62nd AGM Approves Dividend and Director Re-appointment
Hindustan Composites Ltd held its 62nd Annual General Meeting (AGM) on September 29, 2026, conducted via Video Conferencing. The members approved the standalone and consolidated financial statements for the financial year ended March 31, 2026. A dividend of ₹2 per equity share (40%) was approved for the same financial year. Mr. P. K. Choudhary was re-appointed as a Director, and his remuneration as Managing Director was also approved for revision. The payment of commission to Independent Directors for FY 2025-26 and the remuneration for Cost Auditors for FY ending March 31, 2027, were also ratified. The AGM proceedings were conducted in compliance with relevant Companies Act provisions and MCA circulars.
Key Highlights
- AGM approved financial statements for FY ended March 31, 2026.
- Dividend of ₹2 per share (40%) declared for FY ended March 31, 2026.
- Mr. P. K. Choudhary re-appointed as Director and MD remuneration revised.
- Commission for Independent Directors and Cost Auditor remuneration approved.
- Meeting held via Video Conferencing as per regulatory guidelines.
Price Impact
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