Hi-Tech Pipes Ltd

Hi-Tech Pipes Ltd has announced the closure of its trading window for designated persons, connected persons, and their immediate relatives. This closure is in accordance with the company's code of conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain shut from July 1, 2026, until 48 hours after the declaration of the un-audited financial results (standalone and consolidated) for the quarter ending June 30, 2026. The date of the board meeting to consider these financial results will be communicated separately.

Bandhan Mutual Fund, through its schemes, has acquired 2,40,000 equity shares of Hi-Tech Pipes Ltd on May 29, 2026. This acquisition has increased their holding from 7.1068% to 9.1554% of the company's paid-up capital. The transaction was conducted via open market purchase. This disclosure is made as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Bandhan Mutual Fund, through its various schemes, has acquired an additional 2,40,000 equity shares of Hi-Tech Pipes Limited on May 29, 2026. This acquisition has increased their total shareholding from 7.1068% to 9.1554%. The transaction was conducted through open market purchases. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Bandhan Mutual Fund has increased its shareholding in Hi-Tech Pipes Limited through an open market acquisition. On May 29, 2026, the fund acquired 240,000 equity shares, raising its total stake from 7.1068% to 9.1554% of the company's paid-up capital. This disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Hi-Tech Pipes Ltd reported no deviation or variation in the utilization of funds raised through QIP for the quarter ended March 31, 2026. A monitoring agency, CRISIL Ratings Limited, was applicable for monitoring the fund utilization. The funds were allocated for capital expenditure, repayment of borrowings, and general corporate purposes. The audit committee and auditors have provided no comments regarding deviations.

Hi-Tech Pipes Ltd. announced its Q4 and FY26 audited financial results. For FY26, annual revenue grew 37% to ₹4,200 Cr, supported by a 10% surge in sales volume to a record 5,32,437 MT. Total comprehensive income increased 5% to ₹76.58 Cr, and annual EBIDTA rose 8% to ₹173.85 Cr. Q4 FY26 saw revenue jump 102% to ₹1,480 Cr and sales volume grow 27% to 1,47,125 MT. Q4 EBIDTA was up 33% to ₹46.32 Cr. The company maintained a healthy balance sheet with a Debt-to-Equity ratio of 0.18%. Management highlighted resilient performance, operational efficiencies, and a focus on value-added products. Hi-Tech Pipes aims for 2 million tonnes capacity by FY29, with key strategic projects underway, and remains optimistic about industry demand from infrastructure and construction sectors.

The Board of Directors of 543411, in its meeting on May 28, 2026, approved the issuance of 90,00,000 fully convertible equity warrants. These warrants, each convertible into one equity share, will be issued at a price of ₹100 per share to the Promoter Group through a preferential issue, subject to shareholder approval via postal ballot. Additionally, the Board approved the audited financial results for the quarter and financial year ended March 31, 2026, and appointed M/s S. Shekhar & Co. as Cost Auditors and M/s BAS & Co. LLP as Internal Auditors for FY2026-27.

The Board of Directors of 543411, in its meeting on May 28, 2026, approved the Audited Financial Results (Standalone and Consolidated) for the Quarter and Financial Year ended March 31, 2026. The board also approved a preferential issue of 90 lakh fully convertible equity warrants to promoter group entities at ₹100 each, totaling ₹90 crore, subject to shareholder approval via postal ballot. Additionally, M/s S. Shekhar & Co. was appointed as Cost Auditors and M/s BAS & Co. LLP as Internal Auditors for the Financial Year 2026-27. A cut-off date was fixed for the postal ballot process.

The Board of Directors of Hi-Tech Pipes Limited approved the audited financial results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. Alongside the results, the board also approved a preferential issue of 90,00,000 Fully Convertible Equity Warrants, each priced at ₹100, to the Promoter Group. This potential fundraise of ₹90 crore is subject to shareholder approval via postal ballot. Additionally, M/s S. Shekhar & Co. were appointed as Cost Auditors and M/s BAS & Co. LLP as Internal Auditors for the financial year 2026-27.

The Board of Directors of 543411 convened on May 28, 2026, to approve the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. A key decision included recommending a preferential issue of up to 90,00,000 fully convertible equity warrants to the Promoter Group at an exercise price of ₹100 per warrant, aiming to raise ₹90 crore. This issuance is contingent on shareholder approval via postal ballot. The Board also appointed M/s S. Shekhar & Co. as Cost Auditors and M/s BAS & Co. LLP as Internal Auditors for the financial year 2026-27. A postal ballot notice was approved, with May 22, 2026, set as the cut-off date, and M/s NSP & Associates appointed as Scrutinizer. The statutory auditors provided an unmodified opinion on the financial results.