Hindustan Composites Limited has responded to queries from stock exchanges regarding significant price movements in its shares, attributing the volatility to market-driven conditions beyond management control.

Exchange Query Response

The company received simultaneous queries from both BSE and NSE on April 16, 2026, seeking clarification on unusual price movements. BSE's query referenced email L/SURV/ONL/PV/SJ/2026-2027/3753, while NSE's correspondence bore reference number NSE/CM/Surveillance/16860.

Management's Position

In its formal response, Hindustan Composites Limited clarified that the price movement was purely market-driven and beyond management influence. The company emphasized that it neither controls nor possesses specific knowledge regarding the reasons behind the significant stock price fluctuations.

The management's key points included:

• Price movements are entirely due to market conditions
• Company has no control over stock price volatility
• Management lacks specific knowledge of movement triggers
• All actions remain market-driven without internal influence

Regulatory Compliance Assurance

Hindustan Composites Limited reaffirmed its commitment to regulatory compliance under SEBI guidelines. The company specifically referenced its adherence to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company assured both exchanges that it will continue making all relevant disclosures in compliance with Regulation 30 requirements within prescribed timelines, adapting to any regulatory amendments as they occur.

Corporate Communication

The response was signed by Arvind Purohit, Company Secretary and Compliance Officer (Membership No. A33624), and digitally authenticated on April 16, 2026. The communication was addressed to both BSE Limited and National Stock Exchange of India Limited, ensuring comprehensive coverage of regulatory requirements across major trading platforms.

Hindustan Composites Limited has announced that its Board of Directors will convene on April 23, 2026, to review and approve the company's financial performance for the fourth quarter and full financial year ended March 31, 2026. The meeting has been scheduled in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The official notification, dated April 14, 2026, was communicated to both BSE Limited and National Stock Exchange of India Limited by Company Secretary and Compliance Officer Arvind Purohit.

Board Meeting Agenda

The board meeting will address several key items that are crucial for shareholders and market participants:

Trading Window Restrictions

In compliance with regulatory requirements, Hindustan Composites Limited has implemented trading window restrictions for its directors and specified persons. The trading window closure details are as follows:

Company Information

Hindustan Composites Limited is headquartered at Peninsula Business Park, Tower A, 8th Floor, Senapati Bapat Marg, Lower Parel, Mumbai - 400013. The company trades on BSE with scrip code 509635 and on NSE with the symbol HINDCOMPOS.

Regulatory Compliance

The board meeting notification has been issued pursuant to Regulation 29 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This ensures transparency and provides adequate notice to stakeholders about the company's intention to discuss material financial information.

The company has also adhered to its internal "Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and their Immediate Relatives," which governs trading activities during sensitive periods when material information is being processed.

Key Timeline