Harshdeep Hortico Ltd

Harshdeep Hortico Ltd has signed a Letter of Intent (LOI) with Ugaoo Agritech Private Limited, a player in the gardening and horticulture sector. Under the LOI, Ugaoo intends to place orders with Harshdeep Hortico for the supply of flowers and pots/planters during the Financial Year 2026-27. The indicative aggregate value of the orders is approximately ₹12 Crore. The LOI outlines the mutual intent of both parties to execute a detailed supply agreement and/or individual purchase orders, specifying commercial terms such as pricing, delivery schedules, payment terms, quality specifications, and logistics arrangements. While primarily non-binding, the LOI includes customary provisions for confidentiality, governing law, and dispute resolution.

Harshdeep Hortico Ltd announced its financial highlights for the year ended March 31, 2026, reporting total revenue of ₹68.74 Cr and profit before tax of ₹16.04 Cr. The company expanded into agriculture shade nets and its Eco Series, strengthened its dealer network, and increased its presence in the outdoor décor segment. A dividend of ₹0.25 per equity share has been declared.

Harshdeep Hortico Ltd's Board of Directors approved the audited standalone financial results for the half year and financial year ended March 31, 2026. They also appointed Mr. Ankit Manilal Gala as Internal Auditor for F.Y. 2026-27 and recommended a dividend of 2.5% (₹0.25 per share) for FY2025-26, subject to shareholder approval. The board meeting concluded on May 04, 2026.

Harshdeep Hortico Ltd's board approved the audited standalone financial results for the year ended March 31, 2026. They also appointed Mr. Ankit Manilal Gala as the Internal Auditor for FY 2026-27. A dividend of 2.5% (₹0.25 per share) was recommended, subject to shareholder approval. The board meeting commenced at 11:35 A.M. IST and concluded at 12:05 P.M. IST.

Harshdeep Hortico Ltd has announced that its Board of Directors will convene on May 04, 2026. The primary agenda items for this meeting include the consideration and approval of the Audited financial results for the fiscal year ended March 31, 2026. Additionally, the Board will discuss and potentially recommend a final dividend for FY 2025-26. In compliance with insider trading regulations, the trading window for the company's equity shares has been closed since April 01, 2026, and will reopen 48 hours after the financial results are disclosed to the stock exchanges.

Harshdeep Hortico Ltd has announced the launch of a new product category: Rotomoulded Decorative Water Fountains. This launch, effective April 19, 2026, is part of the company's strategy for business expansion and innovation. The product is designed in-house and marks a significant step in diversifying the company's premium outdoor and lifestyle portfolio. Initially targeting the domestic market, there are plans for international expansion. This move is expected to strengthen Harshdeep Hortico's market position, enhance product diversification, and open new growth avenues.

Harshdeep Hortico Ltd has received a purchase order worth ₹50,74,002/- from Lucknow International Airport Limited for the supply of various categories of flower pots. The delivery will be made to Lucknow Airport, and the order is to be executed within 90 days. This domestic order is not a related party transaction, contributing to the company's operational activities.

Harshdeep Hortico Ltd has announced the closure of the trading window for dealing in Equity Shares of the company. The closure will be effective from Wednesday, April 01, 2026, and will remain in force until 48 hours after the communication of financial results for the year ended on March 31, 2026, to the Stock Exchange. The date of the Board meeting for the consideration of the said financial results is yet to be intimated to the Stock Exchange.

Harshdeep Hortico Ltd has announced the receipt of purchase orders from M/s Rocks n Roots and M/s Mumbai International Airport Limited. The order from M/s Rocks n Roots, valued at Rs. 47,23,382, is for the supply of different categories of Flower Pots to be delivered at Vizag International Airport. The order from M/s Mumbai Intnl Airport Ltd, valued at Rs. 34,22,035, is also for the supply of Flower Pots to be delivered at Mumbai International Airport. The total value of the orders is Rs. 81,45,417 inclusive of all taxes.

Harshdeep Hortico Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Hitesh Chunilal Shah & PACs. The acquisition includes 49,500 shares, carrying voting rights, from the open market. The total equity shares capital of the company before the transaction was 1,60,94,060, which remains the same after the transaction. The total diluted share/voting capital of the TC after the acquisition is also 1,60,94,060 Equity Shares of face value of Rs. 10/- each. The acquisition was made by Hitesh Chunilal Shah, Neena Vijay Shah, and Dipti Hitesh Shah on different dates in November and August 2025.