HLE Glascoat Ltd

HLE Glascoat Limited has announced the resignation of Mr. Naveen Kandpal as Chief Financial Officer (CFO) and Key Managerial Personnel. His resignation is effective from July 3, 2026, after the close of business hours, due to personal reasons. The company has submitted the necessary disclosures as per SEBI regulations, including the resignation letter. Mr. Kandpal will ensure a smooth transition of his responsibilities during the notice period.

HLE Glascoat Limited has announced the closure of its trading window for dealing in the company's shares. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain shut from July 1, 2026, and will reopen 48 hours after the announcement of the Unaudited Financial Results for the quarter ending June 30, 2026. The date of the board meeting to consider these results will be communicated separately.

HLE Glascoat Limited has announced the appointment of Mr. Darshak Chandarana as Vice President - Operations for its Maroli Unit, effective June 25, 2026. This change in senior management personnel is in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Chandarana brings over 23 years of experience in operations management, holding an Executive MBA in Operations Management and a B.E. in Mechanical Engineering. His expertise is expected to drive operational excellence and growth for the company.

HLE Glascoat Limited has announced the availability of the audio recording for its Q4 earnings call held on May 25, 2026. The call discussed the operational and financial performance for the quarter and year ended March 31, 2026. The recording is accessible on the company's website.

HLE Glascoat Ltd announced its FY26 results, reporting a 31.7% YoY increase in revenue to ₹1,353 Cr. EBITDA stood at ₹148.5 Cr, a 5.4% YoY growth, with a margin of 11.0%. Profit After Tax (PAT) reached ₹56.6 Cr, with a margin of 4.2%. The results include the impact of recent acquisitions, with Omeras reporting an EBITDA loss of ₹15.3 Cr and a PAT loss of ₹15.6 Cr. The company's order book as of March 31, 2026, stood at ₹681.6 Cr.

HLE Glascoat Ltd's board re-appointed M/s. CNK & Associates LLP and M/s. AKMK & Associates as Internal Auditors for different units for FY 2026-27. Additionally, M/s. Nanty Shah & Associates were re-appointed as Cost Auditors for FY 2026-27. The board also approved the financial results for the year ended March 31, 2026, and recommended a final dividend of ₹1.10 per share, subject to shareholder approval.

HLE Glascoat Ltd reported its standalone audited financial results for the quarter and year ended March 31, 2026. The company's revenue from operations increased to ₹72,311.46 lakhs for the year ended March 31, 2026, compared to ₹55,106.92 lakhs in the previous year. Net profit for the year stood at ₹3,821.09 lakhs. The Board of Directors meeting was held on May 18, 2026, where the results were reviewed and taken on record.

HLE Glascoat Ltd's board approved a dividend of ₹1.10 per equity share (55%) with a face value of ₹2 each for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. The board also approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. Additionally, the board approved the re-appointment of internal and cost auditors for the financial year 2026-27 and approved the notice for the 35th Annual General Meeting.

HLE Glascoat Ltd's board meeting on May 18, 2026, approved and took on record the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of 55% (₹1.10 per share) for FY26, subject to shareholder approval. Additionally, the re-appointment of M/s. CNK & Associates LLP and M/s. AKMK & Associates as Internal Auditors, and M/s. Nanty Shah & Associates as Cost Auditors for FY27 were approved. The notice for the 35th AGM was also approved, with authorization given to Executive Directors to decide on the AGM's specifics.

HLE Glascoat Ltd has scheduled a Board of Directors meeting on May 18, 2026, to approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a dividend, if any, on the company's equity shares for the same period. The trading window has been closed from April 1, 2026, until 48 hours after the financial results are made public.