Hindprakash Industries Ltd

Regulation 74(5) status

• Reg. 74(5) not applicable as entire holding is in demat form.
• No dematerialisation or rematerialisation requests were received during the quarter.

HindPrakash Industries Limited — Trading Window closure from Oct 01, 2026 till the completion of 48 hours after the declaration of the Unaudited Financial Results of the Company for the quarter and half year ended on September 30, 2026.

AGM details

• Date: 28-09-2026; Time: 2:32 PM to 2:37 PM.
• Mode: VC/OAVM.
• Record date: 21-09-2026.

Key resolutions

• Ordinary: Adopt standalone financial statements and related reports for year ended 31 Mar 2026.
• Ordinary: Re-appoint Santosh Narayan Nambiar on rotation.
• Ordinary: Ratify remuneration payable to Cost Auditor for FY ending 31 Mar 2027.
• Special: Re-appoint Rushabh Shah as Independent Director for a second five-year term.

Voting results

• Resolution 1: Passed; 100% in favour; 1 dissent.
• Resolution 2: Passed; 100% in favour; 1 dissent.
• Resolution 3: Passed; 100% in favour; 1 dissent.
• Resolution 4: Passed; 100% in favour; 1 dissent.

Dividend

• No dividend proposed or declared.

Director changes

• Santosh Narayan Nambiar re-appointed on rotation.
• Rushabh Shah re-appointed as Independent Director for second term.

Auditors

• Cost Auditor remuneration ratified for FY2027.

Material related party transactions

• No material related party transactions approved.

Other material approvals

• No other material approvals disclosed.

AGM Details

• Date and time: September 28, 2026, 2:32 PM IST.
• Mode: Video Conferencing / Other Audio Visual Means (VC/OAVM).
• Remote e-voting ran Sep 25-27, 2026.
• AGM voting via e-voting during meeting; meeting concluded 2:40 PM.

Resolutions

• Ordinary: Adopt Audited Financial Statements for year ended March 31, 2026.
• Ordinary: Re-appoint Santosh Narayan Nambiar by rotation.
• Ordinary: Ratify remuneration payable to M/s. A.G. Tulsian & Co. as Cost Auditor for FY2027.
• Special: Re-appoint Rushabh Shah as Independent Director for second five-year term.

Directors

• Santosh Narayan Nambiar to be re-appointed by rotation.
• Rushabh Shah re-appointed as Independent Director for second five-year term.

Auditors

• Cost Auditor remuneration ratification for FY2027.

Key governance decisions

• Ms. Meenal Jain appointed Company Secretary and Compliance Officer, effective 17 September 2026.
• Policy approved to determine materiality of disclosures; four KMPs authorized to determine materiality.

Financial performance

• Revenue from operations: Rs 11,505.93 Lakh; YoY rise from Rs 10,181.60.
• Total income: Rs 12,167.59 Lakh; up from Rs 10,449.02.
• Profit after tax: Rs 274.64 Lakh; up from Rs 164.43.
• EPS: Rs 2.40 for the year; prior year Rs 1.44.
• Authorised capital Rs 12.50 Cr; paid-up Rs 11.424 Cr; no change.
• Dividend for FY2025-26 not proposed; no transfer to reserves.

Capital structure & liquidity

• Total borrowings Rs 3,275.82 L; long-term Rs 1,274.82 L; short-term Rs 2,001.00 L.
• Net debt Rs 2,975.55 L; cash Rs 300.27 L; net debt/Equity 0.55.
• Current ratio 2.55x; debt-equity ratio 0.60x.
• Cash and cash equivalents Rs 300.27 L; undrawn WC facilities Rs 1,397.06 L.
• Covenants on major borrowings complied.

Dividends & capital allocation

• Dividend policy not applicable under LODR.
• No dividend proposed for the year; no transfer to reserves.

Governance & board

• Board size six; three independent; two executive; one promoter non-executive.
• Utsav Trivedi ceased as Company Secretary on 30-Jun-2026.
• Last AGM held 28-Sep-2026 via VC/OAVM.
• Statutory auditor: M/s K K A K & Co.; Secretarial: M/s Ankit Sethi & Associates; Cost auditor: M/s A.G. Tulsian & Co.

Audits & internal controls

• Independent auditor's report: unqualified; no material misstatement or fraud reported.
• Internal audit by Ajay Maurya; reports to Audit Committee.
• Internal controls over financial reporting: adequate; no material weakness observed.

Related party disclosures

• Related party transactions were at arm's length; disclosures on company website and in notes.
• Intercompany loans/advances to various entities disclosed; transactions not material per AOC-2.

Industry outlook & strategy

• Industry outlook positive: rising domestic demand, green chemistry, PCPIRs, SEZ incentives.
• Strategy emphasizes capacity utilization, product-mix shift to higher-value items, and cost optimization.

Key audit risks

• Revenue recognition and trade receivables impairment identified as key audit matters.

AGM Details

• 18th AGM conducted via VC/OAVM on 28 September 2026 at 2:30 PM IST.
• Record date for voting eligibility set as 21 September 2026.
• Remote e-voting window from 25 to 27 September 2026.
• Notice and annual report available on the company website.

Key Resolutions

• Ordinary: Adoption of standalone financial statements for year ended 31 March 2026.
• Ordinary: Re-appointment of Santosh Narayan Nambiar by rotation.
• Ordinary: Ratify cost auditor remuneration for FY 2027 at Rs 60,000 plus taxes.
• Special: Re-appoint Rushabh Shah as Independent Director for a second 5-year term from 20 January 2027.

Voting Results

• Voting outcomes are not disclosed in the filing.

Dividend

• No dividend proposed for 2025-26.
• Final dividend for 2024-25 was Rs 0.50 per share (Rs 14.35 Lakhs).

Director Changes

• Utsav Trivedi, Company Secretary & Compliance Officer, resigned effective 30 June 2026.
• Santosh Narayan Nambiar to be re-appointed as Whole-time Director (retirement by rotation).
• Rushabh Shah expected to be re-appointed as Independent Director for second term from 20 January 2027 (subject to approval).

Auditor Appointments

• Statutory Auditors: M/s K K A K & Co., appointed for 5 years from FY 2025-26.
• Secretarial Auditors: M/s Ankit Sethi & Associates.
• Cost Auditors: M/s A.G. Tulsian & Co.; remuneration Rs 60,000; ratification sought.
• Internal Auditor: Mr. Ajay Maurya.
• Statutory audit fees paid during the year: Rs 4.15 Lakhs.

Material Related Party Transactions

• All related party transactions during FY2025-26 were in ordinary course and arm's length; no material RPTs requiring shareholder approval.

Other Material Approvals

• Remuneration policy for Directors, KMPs and Senior Management; policy hosted on the company website.
• No ESOP currently in place; CSR not applicable; RPT policy disclosed on the website.

Financials (Q1 ended 30-Jun-2026)

• Revenue from operations: ₹2,657.13 lakh in Q1 FY27.
• Other income: ₹456.39 lakh; Total income: ₹3,488.04 lakh.
• Total expenses: ₹3,049.44 lakh; PBT before tax: ₹64.08 lakh.
• Current tax: ₹50.77 lakh; Deferred tax credit: ₹32.97 lakh.
• Net profit after tax: ₹-22.01 lakh.
• EPS (basic/diluted): ₹0.75 for the quarter.
• Total comprehensive income after tax: ₹87.33 lakh.
• Paid-up equity share capital: ₹1,142.41 lakh; Face value ₹10.
• Board approved standalone unaudited results on 12 Aug 2026.