Hindprakash Industries appointed Meenal Jain as Company Secretary and Compliance Officer effective September 17, 2026. The Board of Directors approved the appointment during a meeting held in Ahmedabad on the same date.

The Board also authorized specific Key Managerial Personnel to determine the materiality of events for stock exchange disclosures under Regulation 30 of the SEBI Listing Regulations. Ms. Jain, an Associate Member of the Institute of Company Secretaries of India (Membership No. 80131), brings experience in corporate secretarial services, FEMA/RBI compliance, and cross-border investment structuring.

Authorized Personnel for Disclosures

The following executives are authorized to determine materiality and make disclosures to the National Stock Exchange of India Limited and BSE Limited:

The Board meeting commenced at 4:00 pm and concluded at 4:30 pm. The company confirmed that Ms. Jain has no relationship with any director and is not debarred from holding office under any SEBI order.

Hindprakash Industries has filed its 18th Annual Report for the financial year ended March 31, 2026. The filing confirms a robust growth in profitability, driven by higher operational revenues and significant gains from investment disposals.

Financial Performance

The company reported a 13% year-on-year increase in revenue from operations to ₹11,505.93 lakh, up from ₹10,181.60 lakh in FY25. Profit after tax surged 67% to ₹274.64 lakh, compared to ₹164.43 lakh in the previous year. Earnings per share rose to ₹2.40 from ₹1.44 in FY25.

What the Numbers Show

The surge in profitability was significantly aided by non-operational income. Other income jumped to ₹661.66 lakh, primarily due to a ₹356.25 lakh gain on the sale of investments. This single item accounted for approximately 130% of the reported Profit After Tax, indicating that the bottom-line growth was heavily influenced by capital asset realisation rather than core operating margins alone. While EBITDA (Profit before interest, depreciation, and tax) grew 43% to ₹759.43 lakh, the disproportionate contribution of investment gains suggests investors should distinguish between recurring operational cash flows and one-off financial events when assessing valuation.

Governance and Resolutions

Shareholders will vote on the re-appointment of Mr. Santosh Narayan Nambiar as Whole-time Director, who retires by rotation. Additionally, a special resolution seeks approval for the re-appointment of Independent Director Mr. Rushabh Shah for a second term of five years, effective January 20, 2027.

The Board also recommends ratifying the remuneration of M/s. A.G. Tulsian & Co. as Cost Auditors for FY27, fixed at ₹60,000 plus applicable taxes. No dividend has been recommended for FY26 as the Board opted to plough back profits into the business.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE05X901010/78b16783-180e-4754-b2df-d7e2ef57ffca.pdf