Hilton Metal Forging approves re-appointment of Chairman and Managing Director

Hilton Metal Forging Limited has secured shareholder approval for the re-appointment of its top leadership and related remuneration through a postal ballot process. The resolutions, which were deemed passed on July 14, 2026, received strong support from public shareholders despite minor opposition. The approvals are critical for the continuity of the company's executive leadership as it moves into the next financial year.

The postal ballot sought consent for three special resolutions concerning the company's board composition and director compensation. A total of 28,739 shareholders were eligible to vote as of the record date of June 5, 2026. The e-voting process, managed by National Securities Depository Limited (NSDL), commenced on June 15, 2026, and concluded on July 14, 2026.

Voting Results Summary

The resolutions were passed with the requisite majority, with public non-institutional shareholders driving the approval. The following table details the voting outcomes for the key resolutions:

Resolution Description	Votes In Favour	Votes Against	% In Favour
Re-appointment of Yuvraj Malhotra as CMD	10426892	51631	99.5073
Continuation of Suryakant Mayani as Director	10426707	51816	99.5055
Remuneration for Suryakant Mayani for FY27	10426707	51816	99.5055

Re-appointment of Chairman and Managing Director

Shareholders approved the re-appointment of Mr. Yuvraj Malhotra (DIN: 00225156) as Chairman and Managing Director of the company. This resolution was classified as a special resolution and required a higher threshold of approval. The promoter and promoter group did not participate in the voting process. The resolution saw 198 members vote in favour, while 11 members voted against it.

Director Continuation and Remuneration

The company also received approval for the continuation of Mr. Suryakant Mayani (DIN: 10764276) as a Non-Executive, Non-Independent Director following his attainment of the age of 75 years. Additionally, shareholders sanctioned the payment of remuneration to Mr. Mayani for the financial year 2026-27. Both resolutions passed with 99.5055% of the valid votes cast.

The scrutinizer's report, submitted by Shreya Shah, a Practicing Company Secretary, confirmed that the e-voting was conducted in a fair and transparent manner. The results were submitted to the stock exchanges in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.24%	-8.46%	-9.09%	-21.32%	-58.99%	+98.86%

Hilton Metal Forging Limited reported its audited standalone financial results for the quarter and year ended March 31, 2026. The company recorded a total income of ₹23201.10 lakh for the financial year, a decrease from the previous year. Net profit for the year stood at ₹344.61 lakh, compared to ₹617.63 lakh in the prior year.

The Board of Directors, led by Chairman and Managing Director Yuvraj Hiralal Malhotra, approved the financial results in a meeting held on May 29, 2026. M/s. Anil Bansal & Associates, Statutory Auditors, issued an audit report with an unmodified opinion on the financial statements. The meeting commenced at 5.00 P.M. and concluded at 07.30 P.M.

Financial Performance

For the quarter ended March 31, 2026, the company reported a total income of ₹5139.04 lakh. Revenue from operations for the quarter was ₹5084.00 lakh. The net profit for the quarter was ₹14.06 lakh, a significant drop from the ₹452.63 lakh recorded in the same period of the previous year.

The company’s total assets as of March 31, 2026, stood at ₹23605.49 lakh, an increase from ₹22071.08 lakh in the previous year. Equity share capital increased to ₹3469.66 lakh from ₹2340.00 lakh, following a rights issue during the year.

Key Financial Metrics

Particulars	Year Ended 31-03-2026 (₹ in Lacs)	Year Ended 31-03-2025 (₹ in Lacs)
Total Income	23201.10	16822.35
Total Expenses	22831.83	16212.58
Profit Before Tax	369.27	609.77
Net Profit	344.61	617.63
Earnings Per Share (Basic)	1.34	2.78

Capital Allocation and Corporate Actions

During the year, on January 17, 2026, the company allotted 11,296,551 equity shares of ₹10 each on a rights basis to eligible shareholders. The issue price was ₹28.32 per share, comprising a face value of ₹10 and a share premium of ₹18.32. The allotment was made pursuant to the Letter of Offer dated December 20, 2025.

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The figures for the quarter ended March 31, 2026, represent the balancing figure between the audited full-year results and the reviewed year-to-date figures up to December 31, 2025.