HBL Engineering Limited has formally notified the stock exchanges about an upcoming board meeting scheduled for May 23, 2026, in compliance with Regulation 29 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting has been convened to address critical financial matters for the concluded financial year. The directors will deliberate on two primary agenda items during the scheduled session.

Trading Window Restrictions

In accordance with regulatory requirements, HBL Engineering Limited has implemented trading window restrictions to ensure compliance with insider trading norms. The company has specified that the trading window for dealing in securities will remain closed for designated personnel until 48 hours after the board meeting concludes.

The trading restrictions apply to:

• Directors of the company
• Key Managerial Personnel (KMPs)
• Officers and designated employees

Regulatory Compliance

The notification has been submitted to both major stock exchanges as part of the company's regulatory obligations. The communication was addressed to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and the National Stock Exchange of India Limited at Exchange Plaza, Bandra Kurla Complex, Mumbai.

The company secretary G B S Naidu signed the official communication dated April 28, 2026, ensuring all stakeholders are informed about the upcoming corporate developments. This advance notice allows investors and market participants to prepare for the financial results announcement and potential dividend declaration for the financial year 2025-26.

HBL Engineering Limited has announced securing a major contract worth Rs 83.81 crore from Patiala Locomotive Works for the implementation of Kavach safety systems. The company made this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details

The order encompasses the supply, testing and commissioning of On-board KAVACH equipment (Ver.4.0), which are critical components of Indian Railways' safety enhancement initiative. The contract has been awarded by Patiala Locomotive Works, a key manufacturing unit of Indian Railways.

Regulatory Compliance

As per the regulatory filing under SEBI Listing Regulations, HBL Engineering Limited disclosed this order through formal communication to both National Stock Exchange of India Limited and BSE Limited. The company confirmed that none of the promoters have any interest in this transaction, and it does not fall under the related party transaction category.

The disclosure was made in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/P/0155 dated November 11, 2024, read with SEBI/HO/CFD/CFD-PoD-2/P/CIR/P/2024/185 dated December 31, 2024.

Strategic Significance

This contract award strengthens HBL Engineering's position in the railway safety infrastructure segment. The Kavach system represents India's indigenous Automatic Train Protection system, designed to enhance operational safety and prevent train collisions through advanced signaling technology.

The order aligns with Indian Railways' broader modernization strategy focused on implementing cutting-edge safety systems across its network. For HBL Engineering, this contract demonstrates its technical capabilities and established presence in the railway infrastructure domain, with completion scheduled for April 15, 2027.