Him Teknoforge has scheduled its 55th Annual General Meeting for September 30, 2026, to approve a significant related-party transaction worth up to ₹14,300 lakh with Globe Precision Industries Pvt Ltd. The meeting will also see the appointment of three independent directors.

The company, based in Himachal Pradesh, seeks shareholder approval for material transactions involving the sale and purchase of goods, fixed assets, and job work charges with Globe Precision. This entity is part of the promoter group of Him Teknoforge.

Related Party Transaction Details

The proposed transactions for FY27-28 represent 32.86% of Him Teknoforge’s annual consolidated turnover for FY25-26. The aggregate value is expected to exceed the materiality threshold prescribed under SEBI LODR Regulations, which stands at 10% of annual consolidated turnover (₹43,522.66 lakh).

The breakdown of the proposed ₹14,300 lakh limit includes:

For context, total transactions with Globe Precision in FY25-26 amounted to approximately ₹9,651 lakh, primarily driven by the sale of goods (₹8,501.76 lakh). The new cap indicates a substantial increase in operational interdependence between the two entities.

Board Appointments

Shareholders will vote on the confirmation of three independent directors:

• Mr. Rajesh Kumar Singh: A former General Manager at State Bank of India with over 36 years of experience in corporate banking. He was appointed as an additional non-executive independent director on September 4, 2026, pending shareholder ratification for a three-year term.
• Mrs. Prerna Sudeep Bokil: A Company Secretary with expertise in corporate laws and governance. She holds multiple directorships including Integra Switchgears Limited and Aimtron Electronics Limited. Her appointment is for a two-year term.
• Mr. Purshotam Lal Sharma: A technologist with 43 years of experience, including roles as CEO at Indofarm Tractors. Having completed the requisite three-year cooling-off period from his previous tenure, he seeks a five-year term starting September 30, 2026. As he has attained the age of 75, member approval under Regulation 17(1A) of SEBI Listing Regulations is required.

Additionally, Mr. Rajiv Aggarwal retires by rotation and offers himself for reappointment.

Other Business

The Board recommends the ratification of remuneration for M/s S.K. Jain & Co., Cost Accountants, appointed as Cost Auditor for FY26-27. Their fee is set at ₹40,000 per annum plus out-of-pocket expenses.

The record date for dividend eligibility is September 23, 2026. The register of members will remain closed from September 24 to September 30, 2026.

Him Teknoforge has fixed September 23, 2026 as the record date for shareholders to be eligible for the final dividend of ₹0.80 per equity share for the financial year ended March 31, 2026. The company issued this disclosure to the Bombay Stock Exchange on September 4, 2026.

The dividend represents 40% of the face value of ₹2 per share. This corporate action follows the Board of Directors' approval during its meeting held on September 4, 2026. The earlier notification on August 31, 2026, had scheduled this board meeting to consider the FY26 dividend pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Appointments

The board also approved changes to its composition during the same session. The key appointments include:

• Mr. Rajesh Kumar Singh (DIN: 11690324) as an Additional Non-Executive Independent Director for a term of three years, effective from September 4, 2026. This appointment is subject to shareholder approval at the ensuing Annual General Meeting (AGM).
• Mrs. Prerna Sudeep Bokil (DIN: 10272554) as an Additional Non-Executive Independent Director for a term of two years, effective from September 4, 2026.
• Mr. Purshotam Lal Sharma (DIN: 03509280) as a Non-Executive Independent Director for a term of five years, effective from September 30, 2026. This recommendation is also subject to shareholder approval at the AGM.

AGM and Trading Window Details

The board approved the Directors’ Report for FY26 and the draft notice for the 55th Annual General Meeting. The AGM is scheduled to be held on Wednesday, September 30, 2026, at 11:00 am at the company’s registered office in Baddi, Himachal Pradesh.

Key logistical details for shareholders include:

• Record Date: September 23, 2026
• Register Closure: The register of members and share transfer books will remain closed from September 24, 2026, to September 30, 2026 (both days inclusive).
• E-Voting: Available from 9:00 am on September 27, 2026, to 5:00 pm on September 29, 2026.

The trading window for insiders and designated employees will reopen 48 hours after the conclusion of the board meeting. The disclosure was signed by Himanshu Kalra, Company Secretary and Compliance Officer.