Hindustan Composites Ltd scheduled a Board of Directors meeting for Monday, October 12, 2026. The primary agenda is to consider and approve the proposal for declaring and paying a special interim dividend to shareholders for the financial year FY27.

The company informed the stock exchanges via a filing dated October 1, 2026. This action complies with Regulation 29(1)(e) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading window closure details

The trading window for dealing in the company's securities remains closed. It commenced on Thursday, October 1, 2026, following an earlier intimation dated September 25, 2026.

The window will stay shut until 48 hours after the declaration of un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. This measure adheres to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct.

Key meeting details

The board's decision on the dividend will be finalized during this session. Shareholders should monitor subsequent announcements for specific payout amounts and record dates.

Hindustan Composites appointed M/s. R M Mimani & Associates LLP as its Secretarial Auditors for a term of 5 consecutive years from FY27 to FY31. The appointment was approved by members during the company's 62nd Annual General Meeting held on September 29, 2026.

The meeting, conducted via Video Conferencing and Other Audio-Visual Means, also saw the declaration of a dividend of ₹2 per equity share for FY26. This payout represents a 40% rate on the face value of ₹5 per share. The session commenced at 11:45 am and concluded at 12:24 pm, with voting results declared the following day.

Key resolutions approved

Members passed several ordinary resolutions regarding financial statements, director appointments, and auditor engagements. The adoption of both standalone and consolidated audited financial statements for the year ended March 31, 2026, was approved without objections. Statutory Auditors Lodha & Co. LLP reported no qualifications or adverse remarks in their report.

Governance and attendance

The Board of Directors elected Pawan Kumar Choudhary as Chairman for the AGM. Other key personnel present included Chief Financial Officer Sunil Jindal and Company Secretary Arvind Purohit. Independent Directors Lalit Kumar Bararia, Snehal Muzoomdar, and Preeti Agrawal also attended the session.

The scrutinizer, Manish Baldeva of M Baldeva Associates, oversaw the e-voting process. Remote e-voting facilities were provided by Central Depository Services (India) Limited from September 26 to September 28, 2026. Final voting results are scheduled to be declared within two working days of the meeting's conclusion.

Voting outcome details

The Consolidated Scrutinizer's Report confirmed that all seven ordinary resolutions were passed with requisite majority. Promoters and promoter group members, holding 11,073,060 shares, voted in favor of all resolutions via remote e-voting. Public non-institutional shareholders, holding 3,693,576 shares, cast votes totaling 5,461 valid votes across the resolutions.

For the dividend declaration (Resolution No. 2), 99.9980% of the votes polled were in favor, with 226 votes against. For the reappointment of P. K. Choudhary (Resolution No. 3) and other governance matters (Resolutions 3-6), 99.9970% of votes polled were in favor, with 331 votes against. The appointment of secretarial auditors (Resolution No. 7) saw 99.9973% support.