HLE Glascoat Ltd

HLE Glascoat Limited announced that Aalap Nilesh Patel, a member of the promoter group, has acquired 69,45,474 equity shares, representing 10.00% of the company's equity share capital. The acquisition was made through an inter-se transfer by way of gift from his father, Nilesh Khushalbhai Patel, another promoter. This transaction was executed on September 10, 2026, following a prior disclosure made under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. As the shares were transferred as a gift, no consideration was involved. This move is part of a promoter group internal restructuring.

Aalap Nilesh Patel, a member of the promoter group of HLE Glascoat Limited, has acquired 69,45,474 equity shares, representing 10.00% of the company's equity share capital. The acquisition was made from Mr. Nilesh Khushalbhai Patel, also a promoter group member, through an inter-se transfer of shares by way of gift amongst immediate relatives. This transaction increases Aalap Nilesh Patel's total holding, along with persons acting in concert, to 11.36% of the total equity share capital. The acquisition was effective as of September 10, 2026.

Nilesh Khushalbhai Patel, a promoter of HLE Glascoat Ltd, has transferred 69,45,474 equity shares, representing 10.00% of the company's equity share capital, to Aalap Nilesh Patel. The transfer was executed as an inter-se transfer of shares by way of gift amongst immediate relatives, both belonging to the promoter and promoter group. Following this transaction, Nilesh Khushalbhai Patel's holding in the company has reduced to 14.77%, while Aalap Nilesh Patel's holding has increased. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

HLE Glascoat Limited announced that its step-down subsidiary, HLE Surface Technologies GmbH (HST), has secured a significant international contract. The order, valued at approximately Euro 20.56 million, was awarded by FLC Portals Group I/S, Denmark. HST will supply vitreous enamel cladding panels for a tunnel project connecting the German island of Fehmarn and the Danish island of Lolland. The contract is expected to be executed on or before April 2030. This disclosure was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and confirms no related party transactions or promoter interest in the awarding entity.

HLE Glascoat Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. This report is an integral part of the company's 35th Annual Report. The BRSR details the company's performance across environmental, social, and governance (ESG) parameters. It is available on the company's website and forms part of the statutory disclosures required by SEBI regulations. The filing ensures transparency and adherence to corporate governance standards.

HLE Glascoat Limited has submitted its 35th Annual Report for the Financial Year 2025-26, in compliance with SEBI (LODR) Regulations, 2015. The report will be presented at the upcoming Annual General Meeting (AGM) scheduled for September 30, 2026, to be held via Video Conferencing. The company highlighted key financial achievements for FY 2025-26, including Revenue from Operations of ₹1,353.0 Cr, Consolidated Net Worth of ₹618.2 Cr, EBITDA of ₹148.5 Cr, and Profit After Tax (PAT) of ₹56.6 Cr. The order book stood at ₹681.6 Cr as of March 31, 2026. The report details the company's expanded engineering capabilities, product portfolio, and strategic growth initiatives.

HLE Glascoat Limited has issued an intimation regarding its 35th Annual General Meeting (AGM), scheduled to be held on Wednesday, September 30, 2026, at 11:00 a.m. IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM), in compliance with directives from the Ministry of Corporate Affairs and SEBI. The notice for the AGM, along with the Annual Report, has been uploaded to the company's website. The agenda includes ordinary business such as approving the financial statements and appointing directors, as well as special business concerning the continuation of Yatish Parekh's directorship and approving remuneration for cost auditors for FY 2026-2027.

HLE Glascoat Limited has announced the record date for the payment of dividend for the financial year 2025-26. The dividend amount is set at ₹1.10 per share, subject to shareholder approval at the upcoming 35th Annual General Meeting (AGM). The company has fixed September 24, 2026, as the record date for determining the entitlement of shareholders for this dividend. The Register of Members and Share Transfer Books will be closed from September 24 to September 30, 2026, inclusive. The 35th AGM is scheduled for September 30, 2026, where shareholders will vote on the dividend proposal. E-voting will be open from September 27 to September 29, 2026, with a cut-off date of September 23, 2026.

HLE Glascoat Ltd has announced the details for its 35th Annual General Meeting (AGM) scheduled for Wednesday, September 30, 2026. The meeting will be held through Video Conferencing (VC) / Other Audio Visual Means (OAVM) at 11:00 a.m. (IST). The company has also set Wednesday, September 23, 2026, as the record date for determining shareholders eligible for a dividend of ₹1.10 per share for FY 2025-26, subject to shareholder approval at the AGM. The book closure for the dividend entitlement will be from September 23 to September 24, 2026. E-voting will commence on September 27, 2026, and conclude on September 29, 2026, with e-voting also permitted during the AGM.

HLE Glascoat Ltd has informed the stock exchanges about a disclosure received under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations. An inter-se transfer of shares among the promoter and promoter group is set to occur via a gift deed. Mr. Nilesh Khushalbhai Patel will gift 69,45,474 shares to Mr. Aalap Nilesh Patel. This transaction is an off-market transfer and falls under an exemption as it's among immediate relatives within the promoter group. The aggregate holding of the promoter and promoter group will remain unchanged post-transaction.