Hindware Home Innovation Ltd

Hindware Home Innovation Ltd has announced the closure of its trading window for dealing in the company's shares. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from July 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. All designated persons and their immediate relatives are prohibited from trading in the company's shares during this period.

Hindware Home Innovation Ltd announced the resignation of Mr. Nikhil Maheshwari, Vice President- Sourcing & NPD. His resignation has been accepted by the management, and his last working day will be June 30, 2026. Mr. Maheshwari is leaving to pursue a new opportunity outside the organization. This change signifies a shift in senior management within the company's sourcing and new product development division.

Hindware Home Innovation Limited (HHIL) has announced an update regarding its investment in Hintastica Private Limited (HPL). Following a rights issue by HPL, HHIL has subscribed to 1,50,00,000 equity shares. This allotment has increased HHIL's shareholding in HPL to 96.6% of its paid-up share capital. This disclosure serves as an update to a previous filing made on June 3rd, 2026.

Hindware Home Innovation Limited's Board of Directors has approved a significant move to acquire the remaining stake in its joint venture, Hintastica Private Limited, from Atlantic Société Frangaise de Développement Thermique, France. The company will invest up to INR 15 crore via a rights issue and acquire Atlantic's 5,48,787 equity shares for approximately INR 2.79 crore. Upon completion, Hintastica will become a wholly-owned subsidiary. Additionally, Hindware Home Innovation has extended a corporate guarantee of INR 25 crore for Hintastica's working capital facilities, aligning with its 100% ownership. This strategic move aims to consolidate operations and capitalize on the water heater business under the 'hindware' brand.

Hindware Home Innovation Limited's Board of Directors has approved a two-part acquisition strategy for Hintastica Private Limited. The company will invest up to INR 15 crore via a rights issue in Hintastica, a joint venture with Atlantic Société Frangaise de Développement Thermique. Concurrently, Hindware will acquire Atlantic's entire remaining shareholding in Hintastica for approximately INR 2.79 crore. Following these transactions, Hintastica will become a wholly-owned subsidiary of Hindware Home Innovation. The company also approved extending a corporate guarantee of INR 25 crore for Hintastica's working capital facilities. This move aims to consolidate operations and strengthen the water heater business under the 'hindware' brand.

Hindware Home Innovation Limited's Board of Directors has approved a significant strategic move to acquire the remaining 5,48,787 equity shares of Hintastica Private Limited from Atlantic Société Frangaise de Développement Thermique, France. This acquisition, valued at approximately INR 2.79 crore, follows Atlantic's decision not to participate in Hintastica's rights issue. Hindware Home Innovation will also invest up to INR 15 crore in Hintastica via the rights issue. Upon completion, Hintastica will transition from a joint venture to a wholly-owned subsidiary, strengthening Hindware's position in the water heater market under the 'hindware' brand. The company also extended a corporate guarantee of INR 25 crore to Hintastica.

Hindware Home Innovation Ltd. announced the appointment of Mr. Shashvat Somany as an Additional Director in the category of Non-Executive Non-Independent Director, effective July 1, 2026, subject to member approval. The Board of Directors also approved the audited standalone and consolidated financial results for the year ended March 31, 2026, and appointed M/s. Protiviti India Member Private Limited as Internal Auditors for FY 2026-27. The board did not recommend any dividend on equity shares for FY26.

Hindware Home Innovation Ltd's Board of Directors has decided to convene the 9th Annual General Meeting (AGM) on Tuesday, August 18, 2026, via video conferencing. The board also approved the audited standalone and consolidated financial results for the year ended March 31, 2026, appointed M/s. Protiviti India Member Private Limited as Internal Auditors for FY 2026-27, and appointed Mr. Shashvat Somany as an Additional Director, subject to member approval. No dividend was recommended for FY26.

Hindware Home Innovation Ltd's board approved the appointment of M/s. Protiviti India Member Private Limited as the Internal Auditors for the financial year 2026-27. The board also approved the audited standalone and consolidated financial results for the year ended March 31, 2026, and appointed Mr. Shashvat Somany as an Additional Director.

The Board of Directors of Hindware Home Innovation Ltd, in its meeting held on May 19, 2026, did not recommend any dividend on equity shares for the financial year ended March 31, 2026. The board also approved the audited standalone and consolidated financial results for the same period. Additionally, Mr. Shashvat Somany was appointed as an Additional Director (Non-Executive Non-Independent), effective July 1, 2026, subject to shareholder approval. The 9th Annual General Meeting is scheduled for August 18, 2026, via video conferencing.