StockWatch
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Iron & Steel Products
Board Meeting30 May 2026, 09:39 pm

Hisar Metal: Board Approves FY26 Audited Results, ₹1 Dividend

AI Summary

The Board of Directors of Hisar Metal Industries Ltd approved the audited financial results for the quarter and year ended March 31, 2026. They recommended a dividend of ₹1 per equity share (10%) for FY26, subject to shareholder approval. Appointments include Ms. Ritu Agarwal as Internal Auditor, M/s. Naveen Gupta & Co. as Cost Auditor, and Mr. Manish Jain and Mr. Shreyaskar Chaudhary as Additional Non-Executive Independent Directors. The board accepted the resignations of Mr. Rajender Kumar Leekha and Mr. Sanjay Kumar Jain as Independent Directors. The 36th Annual General Meeting is scheduled for August 28, 2026.

Key Highlights

  • Audited financial results for FY26 approved; dividend of ₹1 per share recommended.
  • Ritu Agarwal appointed as Internal Auditor for FY2026-27.
  • Naveen Gupta & Co. appointed as Cost Auditor for FY2026-27.
  • Manish Jain and Shreyaskar Chaudhary appointed as Additional Non-Executive Independent Directors.
  • Rajender Kumar Leekha and Sanjay Kumar Jain resigned as Independent Directors.