Heranba Industries Ltd

Heranba Industries Ltd has announced the resignation of Mr. Sunil Singh, Vice President – Procurement, who was designated as Senior Management Personnel. His resignation is effective from July 31, 2026. The company has provided the necessary details as per SEBI regulations, including the reason for the change and the cessation date. Mr. Singh expressed gratitude for his tenure and wished the company continued success.

Heranba Industries Ltd has announced a change in its Senior Management Personnel. Dr. Sunil Kumar, Vice President - R&D, has submitted his resignation, which will be effective from July 31, 2026. The company has provided the necessary disclosures as per SEBI regulations. Dr. Kumar cited a desire to explore opportunities outside the Heranba Group as the reason for his departure. He expressed gratitude for his tenure and wished the company continued success.

Heranba Industries Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and applies to designated persons, their immediate relatives, and connected individuals. The specific date for the board meeting to approve these financial results will be communicated later. This measure is standard practice to prevent insider trading during the sensitive period leading up to financial result announcements.

Heranba Industries Limited has announced that an application filed against it under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Haresh Petrochem Private Limited has been withdrawn. The withdrawal was permitted by the Hon'ble National Company Law Tribunal, Ahmedabad (NCLT) after the parties reached a settlement. Consequently, no Corporate Insolvency Resolution Process (CIRP) has been initiated against Heranba. The company stated there is no material adverse impact on its operations.

The Board of Directors of 543266, at their meeting held on May 28, 2026, approved the re-appointment of M/s. Tapan Gaitonde & Co., Cost accountants (Registration No. 104043), as the Cost Auditor for the Financial Year 2026-27. M/s. Tapan Gaitonde & Co. brings 15 years of extensive experience in cost records maintenance, cost audit, inventory audit, internal audit, and various tax-related consultancy services. Tapan Gaitonde is a fellow member of the Institute of Cost Accountants of India.

Heranba Industries Limited announced its audited financial results for the quarter and financial year ended March 31, 2026. For FY26, the company reported a Profit After Tax (PAT) of ₹50.87 crore on Revenue from Operations of ₹1,755.55 crore, with an EPS of ₹12.71. However, the fourth quarter (Q4 FY26) saw a net loss of ₹12.50 crore after tax, and a basic EPS of (₹3.12), despite Q4 revenue from operations reaching ₹353.43 crore. The Board of Directors did not recommend any dividend for the financial year 2025-26. Additionally, M/s. Tapan Gaitonde & Co. were re-appointed as the Cost Auditor for the upcoming Financial Year 2026-27.

Heranba Industries Limited's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. For Q4 FY26, the company reported a standalone net loss of 12.50 crore, compared to a profit of 9.32 crore in the previous quarter and a loss of 5.28 crore in Q4 FY25. Standalone revenue from operations for Q4 FY26 was 353.43 crore. For the full financial year 2025-26, the company posted a standalone net profit of 50.87 crore on revenue from operations of 1,755.55 crore. The Board did not recommend any dividend for FY 2025-26. Additionally, M/s. Tapan Gaitonde & Co. were re-appointed as the Cost Auditor for FY 2026-27.

Heranba Industries Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The board will also consider the recommendation of a dividend, if any, for the financial year 2025-26. The trading window, already closed since April 1, 2026, will reopen 48 hours after the declaration of financial results.

The National Company Law Tribunal (NCLT), Mumbai Bench-VI, has rejected an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Heranba Organics Private Limited (HOPL), a Wholly Owned Subsidiary of Heranba Industries Limited. The application was dismissed because the principal operational debt amount fell below the threshold limit after excluding the interest component. Consequently, no Corporate Insolvency Resolution Process (CIRP) has been initiated against HOPL. Heranba Industries Limited anticipates no material adverse impact from this order.

Heranba Industries Ltd's wholly-owned subsidiary, Heranba Organics Private Limited (HOPL), has allotted 45,00,00,000 Optionally Fully Convertible Debentures (OFCDs) of face value ₹10 each, totaling ₹450 Crores, to Heranba Industries. This conversion is against existing unsecured inter-corporate deposits (ICDs) granted by Heranba Industries to HOPL. The transaction is an internal debt restructuring and does not involve fresh cash outflow or impact the shareholding/control of Heranba Industries in HOPL.