Hindprakash Industries Limited has accepted the resignation of Utsav Himanshu Trivedi from the position of Company Secretary and Compliance Officer, effective June 30, 2026. The resignation, attributed to personal reasons, was approved by the Board of Directors during its meeting held on June 30, 2026. Consequently, Trivedi has ceased to be a Key Managerial Personnel (KMP) responsible for determining the materiality of events for disclosures to the stock exchanges.

The cessation of duties took effect after the close of business hours on June 30, 2026. Following this development, Hindprakash Industries is initiating the process to identify a new Company Secretary and Compliance Officer. The appointment will be made in accordance with the time limits prescribed under the Companies Act, 2013 and the relevant rules, as well as the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Resignation

The disclosure was made to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. The company confirmed that Trivedi did not hold any shareholding in the company and that there are no relationships to disclose between him and the directors of the company.

The meeting, which commenced at 02:00 P.M. and concluded at 03:00 P.M., was attended by Santosh Narayan Nambiar, Wholetime Director. The company has assured the exchanges that the vacancy will be filled and the necessary intimation will be provided once the new appointment is finalized.

Hindprakash Industries Ltd has closed its trading window for promoters, directors, designated persons, and their immediate relatives to prevent insider trading ahead of its quarterly financial results. The restriction is effective from July 1, 2026, and will remain in place until the completion of 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. This measure ensures compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The closure aligns with the company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders. The specific date for the board meeting to approve the unaudited financial results for the quarter ended June 30, 2026, has not yet been announced and will be communicated in due course. The trading window will reopen automatically once the mandatory 48-hour period post-results declaration has elapsed.

Key Details

The move is standard practice for listed companies ahead of financial announcements to ensure a level playing field in the market and maintain transparency.