Hindustan Adhesives Limited has rescheduled its board meeting to June 15, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The meeting was originally scheduled for May 30, 2026, but was postponed due to the ongoing finalization of books of accounts and the pending completion of the statutory audit.

Reason for Delay

The company stated that the finalization and closure of accounts for the financial year ended March 31, 2026, are still in progress. Consequently, the statutory audit of the standalone and consolidated financial statements could not be completed within the stipulated period mandated by Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Update

In a communication to BSE Limited, Hindustan Adhesives confirmed that the trading window for designated persons and their immediate relatives, which is currently closed, will reopen on June 18, 2026. This is in accordance with the Company's Code of Conduct on Insider Trading and the SEBI (Prohibition of Insider Trading) Regulations, 2015. The window remains closed until 48 hours after the conclusion of the board meeting approving the audited financial results.

Hindustan Adhesives Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, filed in compliance with Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was certified by Mr. Puneet Kumar Pandey, a Practicing Company Secretary.

Compliance Observations

The review confirmed that the listed entity complied with the provisions of the SEBI Act, SCRA, and various other regulations during the review period. However, the report noted specific deviations concerning the submission of financial results to the stock exchanges.

Regulatory Penalties

The company reported a deviation regarding Regulation 33, which pertains to the submission of financial results. For the year ended March 31, 2025, the company failed to hold the Board Meeting within 60 days from the end of the year to approve the Audited Financial Results. This resulted in a delay of 44 days in submitting the results to the stock exchanges.

Consequently, BSE levied a fine of ₹2,20,000 (excluding GST) on the company. The management has paid the imposed fine. Additionally, the report noted a previous instance of delay for the quarter ended December 31, 2024, where the company paid a fine of ₹20,000 (excluding GST) following a 4-day delay in submission.

General Compliance Status

The report affirmed compliance with various other requirements, including Secretarial Standards, maintenance of functional websites, and performance evaluation of the Board and committees. It stated that no actions were taken by SEBI or Stock Exchanges against the entity or its promoters during the year, other than the fines mentioned for the delay in financial results submission.