Board Meeting18 Sept 2026, 06:41 pm
Hy-Tech Engineers Board Approves Un-audited Q1 FY27 Results, Auditors
AI Summary
Hy-Tech Engineers Ltd's Board of Directors met on September 18, 2026, approving the un-audited standalone financial results for the quarter ended June 30, 2026. The board also appointed Mr. H R Thakur as Secretarial Auditor for five years and M/S. AKMK & Associates as Internal Auditors for FY27. Additionally, the company approved the purchase of 6.5 acres of land for ₹6 crore to expand its IPE stainless-steel operations and the establishment of wholly-owned subsidiaries in Germany and Delaware, USA, with initial funding of EUR 25,000 and USD 300,000 respectively.
Key Highlights
- Board approved un-audited standalone Q1 FY27 financial results.
- Appointed Mr. H R Thakur as Secretarial Auditor for 5 years.
- Appointed M/S. AKMK & Associates as Internal Auditors for FY27.
- Approved land purchase for ₹6 crore to expand operations.
- Will establish wholly-owned subsidiaries in Germany and USA.
Price Impact
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