Haldyn Glass Ltd has decided to acquire an additional stake in Jamnagar Renewables Two Private Limited for a total consideration of Rs 1.44 crores to secure renewable power under a captive generation scheme. The transaction involves the purchase of 14,40,817 equity shares at a face value of Rs 10 each. The acquisition is expected to be completed by the end of June 2026, subject to regulatory compliances.

Jamnagar Renewables Two Private Limited is engaged in the business of generating electricity from renewable energy sources. Incorporated on May 14, 2024, the entity is a subsidiary of Continuum Green Energy Limited. The electricity generated by the company will be sold under a captive scheme as per the Power Consumption Agreement entered into with Haldyn Glass.

The disclosure was made to The BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the acquisition does not constitute a related party transaction and that no specific governmental or regulatory approvals are required for the deal.

The following table outlines the key details of the acquisition:

Haldyn Glass Limited has announced its audited financial results for the year ended March 31, 2026. The Board of Directors approved the standalone and consolidated financial results during a meeting held on May 21, 2026. The company reported robust financial performance with growth across revenue and profit figures for the fiscal year, with quarterly results also reflecting strong year-on-year momentum.

Q4 Standalone Performance

On a quarterly basis, Haldyn Glass delivered a strong standalone performance. The company's Q4 standalone net profit rose to ₹525.49 lakh compared to ₹315.76 lakh in the same period of the previous year. Revenue for the quarter climbed to ₹1,082.40 lakh against ₹836.08 lakh in the corresponding period last year, reflecting healthy top-line growth.

Full-Year Financial Performance

For the year ended March 31, 2026, the company reported a consolidated total income of ₹47,265.28 lakh, up from ₹38,931.79 lakh in the previous year. Total expenses for the period stood at ₹44,498.26 lakh compared to ₹37,163.03 lakh in FY25. The profit for the year rose to ₹2,477.45 lakh, a significant increase from ₹1,881.34 lakh in the prior year. The company's basic earnings per share (EPS) on a consolidated basis increased to ₹4.61 from ₹3.50 in the previous year.

On a standalone basis, the total income for FY26 was ₹47,265.28 lakh against ₹38,931.79 lakh in FY25. The standalone profit for the year was reported at ₹1,831.87 lakh, compared to ₹1,296.51 lakh in the previous year.

Consolidated Financial Results (Year Ended March 31, 2026)

The following table summarises the key consolidated financial metrics for the full year:

Dividend Declaration

The Board of Directors has recommended a dividend of ₹0.70 per equity share of face value Re. 1 each for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting. If approved, the dividend will be paid within 30 days from the date of the AGM. For the previous year, the company had declared a final dividend of ₹0.70 per share.

Operational Highlights and Audit

The statutory auditors, M/s. KNAV & CO. LLP, issued an unmodified opinion on the audited financial results. The company noted an exceptional item of ₹183.12 lakh during the year, primarily due to the impact of new Labour Codes notified by the Government of India, which led to additional expenses towards gratuity and leave benefits. The Board also approved the re-appointment of M/s. Aneja Associates, Chartered Accountants, as Internal Auditors for the financial year 2026-27.