Highway Infrastructure Ltd

Highway Infrastructure Ltd announced that its members have approved key resolutions via remote e-voting. The resolutions included the insertion of an article for waiver of dividend rights, and the re-appointment of Mr. Arun Kumar Jain as Managing Director and Mr. Anoop Agrawal as Whole-Time Director, both for a further term of 3 years. The voting period concluded on July 13, 2026, with all resolutions passing with the requisite majority as per the scrutinizer's report.

Highway Infrastructure Ltd announced an amendment to its Articles of Association (AOA) following member approval via postal ballot and remote e-voting. The key amendment introduces Article 154A, allowing members to voluntarily waive their right to receive dividends. This resolution was previously approved by the Board of Directors on June 06, 2026. The e-voting period concluded on July 13, 2026, with the special resolution deemed passed on that date. The company will announce the voting results upon receiving the Scrutinizer's Report. This change provides flexibility for shareholders regarding dividend entitlement.

Highway Infrastructure Ltd has announced the closure of its trading window for the quarter ended June 30, 2026. This measure, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, restricts all insiders, including designated persons and their immediate relatives, from trading in the company's securities. The window will reopen 48 hours after the declaration of the unaudited financial results for the said quarter. The closure is to prevent any potential misuse of unpublished price-sensitive information during the period of financial result finalization.

Highway Infrastructure Ltd has announced the cancellation of its contract for the Construction of Houses and Development of Infrastructure for Affordable Housing in Bhopal under PMAY. The contract was related to affordable housing projects at Plot Nos. 47 and 49 in Bhopal, Madhya Pradesh. The company has provided detailed disclosures regarding the cancellation as per SEBI regulations. The full impact of this cancellation on the company's financials and operations is yet to be assessed and will be detailed in subsequent disclosures.

Highway Infrastructure Ltd's Board of Directors has approved an alteration in the Article of Association, allowing shareholders to voluntarily waive dividend rights. Additionally, Mr. Arun Kumar Jain has been reappointed as Managing Director and Mr. Anoop Agrawal as Whole-Time Director for a further three-year term, effective May 5, 2026. Both reappointments are subject to shareholder approval. The company also confirmed compliance with SEBI regulations for these disclosures.

Highway Infrastructure Ltd announced the reappointment of Mr. Arun Kumar Jain as Managing Director and Mr. Anoop Agrawal as Whole-Time Director for a further period of three years, effective May 5, 2026. This reappointment is subject to shareholder approval. The Board also approved alterations to the company's Articles of Association, specifically regarding the waiver of dividend rights by shareholders, which also requires shareholder approval. The company is compliant with SEBI regulations for these disclosures.

Highway Infrastructure Ltd's Board of Directors met on June 6, 2026, approving significant changes. Key decisions include the alteration of the company's Articles of Association, specifically a new clause allowing shareholders to voluntarily waive their right to receive dividends. This alteration is subject to shareholder approval. Additionally, the Board approved the reappointment of Mr. Arun Kumar Jain as Managing Director and Mr. Anoop Agrawal as Whole-Time Director, both for a further three-year term effective May 5, 2026, also pending shareholder approval. The company has provided detailed annexures for these changes.

Highway Infrastructure Ltd's Board of Directors met on June 6, 2026, approving significant corporate actions. Key decisions include the alteration of the company's Articles of Association, allowing shareholders to voluntarily waive dividend rights, subject to shareholder approval. Additionally, the Board approved the reappointment of Mr. Arun Kumar Jain as Managing Director and Mr. Anoop Agrawal as Whole-Time Director, both for a further three-year term effective May 5, 2026, also pending shareholder approval. These changes aim to enhance corporate governance and operational flexibility.

Highway Infrastructure Ltd (HIL) announced its FY26 financial results, reporting a 42% YoY increase in Profit After Tax to ₹31.8 Crores. Consolidated revenue grew by 25.6% YoY to ₹633.4 Crores. The company's order book stood at a record ₹1,133 Crores. HIL's net worth increased by 94% YoY to ₹228.5 crore, and the debt-to-equity ratio improved to 0.45x.

Highway Infrastructure Ltd reports on the utilization of funds raised through its Initial Public Offer (IPO) for the quarter ended March 31, 2026. Gross proceeds from the IPO were ₹975.20 million, with net proceeds available at ₹828.84 million after deducting IPO expenses of ₹146.36 million. The funds have been utilized for the purposes stated in the Prospectus, with no material deviations observed. As of March 31, 2026, the unutilized amount invested and earned interest is ₹2.71 million, held as balance with an earmarked bank account. The utilization statement has been reconciled with the books of account, and the unutilized balance is maintained as per SEBI (ICDR) Regulations, 2018.