Him Teknoforge Ltd

Him Teknoforge Ltd has responded to a stock exchange query regarding significant price movement in its securities. The company stated that it has consistently complied with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has disclosed all material events in a timely and transparent manner. Him Teknoforge asserts that there are no undisclosed material events or information that could explain the price fluctuation. The company attributes the movement purely to market-driven factors, over which it has no control, and reaffirms its commitment to ongoing disclosure compliance.

Him Teknoforge Ltd has announced the closure of its trading window for designated persons from July 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter ending June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's code of conduct. The specific date for the board meeting to approve these results will be communicated later. This action is standard practice to prevent insider trading during sensitive financial reporting periods.

Him Teknoforge Ltd. reported a robust financial performance for the fiscal year ending March 31, 2026. Full-year Profit After Tax (PAT) increased by 29.2% to ₹12.6 Crore, driven by strong operational efficiencies and cost discipline. Gross margin improved to 46.2% and EBITDA grew 15.0% to ₹43.7 Crore with margins up 61 bps to 10.0%. While Q4 FY26 PAT saw a slight YoY dip of 8.3% to ₹3.8 Crore, attributed to higher tax payments, the overall annual performance highlights significant underlying business momentum. The company, a key manufacturer of automotive and agri-machinery components, continues to focus on capacity expansion, product diversification, sustainability, and innovation.

Him Teknoforge Ltd reported a deviation in the use of proceeds from its preferential issue of equity shares on conversion of share warrants. As of March 31, 2026, ₹2,473.50 Lakhs has been utilized out of the ₹2,868.60 Lakhs raised. The unutilized funds of ₹395.10 Lakhs are temporarily parked in the company's cash credit accounts. The deviation is within 10% of the earlier disclosed object and was disclosed in the shareholder notice dated 05.08.2024.

Him Teknoforge Ltd. has re-appointed M/s. S Lal Bansal & Co, M/s Anand Saklecha & Co, and M/s JHS & Associates LLP as Internal Auditors for the financial year 2026-27. The re-appointments were made by the Board of Directors on May 26, 2026, following the recommendation of the Audit Committee, in compliance with Section 138 of the Companies Act, 2013.

Him Teknoforge Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 26, 2026. The board also approved the audit report and a declaration regarding the unmodified opinion of the statutory auditor. Additionally, they approved the re-appointment of internal auditors. The meeting commenced at 04:30 P.M. and concluded at 05:00 P.M. The auditor's report confirms that the financial results present a true and fair view in accordance with accounting standards.

The Board of Directors of Him Teknoforge Ltd approved the audited financial results for the quarter and year ended March 31, 2026, along with the audit report and declaration of unmodified opinion from the statutory auditor. The board also approved the re-appointment of internal auditors. The board meeting commenced at 04:30 P.M. and concluded at 05:00 P.M.

Him Teknoforge Ltd has scheduled a Board of Directors meeting on May 26, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The trading window for dealing in the company's equity shares is currently closed and will reopen 48 hours after the conclusion of the board meeting.

Him Teknoforge Ltd is terminating its Joint Venture Agreement with Italian counterparts, leading to the striking off of the JV company, Dinamico Axles & Drive Wheels Private Limited. The company had agreed to subscribe to a 40% shareholding in the JV, but no investment has been made to date. The decision to strike off the JV company was made because it had not commenced any significant business operations. Him Teknoforge, as a shareholder, has consented to this action via a board resolution dated April 13, 2026. There is no financial impact on Him Teknoforge as no capital was infused into the JV company.

Him Teknoforge Ltd has announced the closure of its trading window for designated persons from 01.04.2026 until 48 hours after the declaration of audited financial results for the quarter and year ending on 31st March, 2026. The date of the board meeting for the financial results declaration will be informed in due course.