Hisar Metal Industries declares Re 1 dividend for FY26
Hisar Metal Industries Limited will hold its 36th AGM on August 28, 2026, to approve financial results for FY26 and declare a dividend of Re 1 per share. The meeting includes the ratification of the Cost Auditor's fees and the appointment of two Independent Directors, Mr. Manish Jain and Mr. Shreyaskar Chaudhary. Remote e-voting is open from August 25 to August 27, 2026.
*this image is generated using AI for illustrative purposes only.
Hisar Metal Industries Limited has scheduled its 36th Annual General Meeting for August 28, 2026, at its Registered Office in Hisar, Haryana. The meeting will consider the adoption of audited financial statements for the financial year ended March 31, 2026, and declare a dividend of Re 1 per share as recommended by the Board. The record date for dividend eligibility is August 17, 2026, with the register of members remaining closed from August 18 to August 28, 2026.
The Board has recommended the re-appointment of Mrs. Anubha Tayal and Mr. Abhiram Tayal as Directors, who retire by rotation at the upcoming meeting. Additionally, the meeting will seek shareholder approval for the ratification of remuneration payable to M/s Naveen Gupta & Co., Cost Accountants, for the financial year 2026-27. The proposed remuneration is ₹50,000 plus applicable taxes and reimbursement of actual travel and out-of-pocket expenses.
Shareholders will vote on the appointment of two new Independent Directors, Mr. Manish Jain and Mr. Shreyaskar Chaudhary, for a term of five years commencing May 30, 2026. Mr. Manish Jain is a practising advocate with 25 years of experience in Civil, Arbitration, Commercial and Corporate Litigation. Mr. Shreyaskar Chaudhary brings over 25 years of experience in the apparel and fashion industry, specializing in sustainable practices and business operations.
The facility for remote e-voting will be available from August 25, 2026 (9:00 am) to August 27, 2026 (5:00 pm). The cut-off date to determine shareholder eligibility for voting is August 21, 2026. Mr. Sanjeev Jain, Practising Chartered Accountant, has been appointed as the Scrutinizer to oversee the voting process.
Key AGM Details
| Event | Date | Time |
|---|---|---|
| Record Date | August 17, 2026 | - |
| Remote E-voting Start | August 25, 2026 | 9:00 am |
| Remote E-voting End | August 27, 2026 | 5:00 pm |
| AGM Date | August 28, 2026 | 9:00 am |
Resolutions for Shareholder Approval
| Resolution Type | Description |
|---|---|
| Ordinary | Adoption of audited financial statements for FY26 |
| Ordinary | Declaration of dividend of Re 1 per share |
| Ordinary | Re-appointment of Mrs. Anubha Tayal (DIN: 00081391) |
| Ordinary | Re-appointment of Mr. Abhiram Tayal (DIN: 00081453) |
| Ordinary | Ratification of Cost Auditor's remuneration of ₹50,000 |
| Special | Appointment of Mr. Manish Jain (DIN: 00300805) as Independent Director |
| Special | Appointment of Mr. Shreyaskar Chaudhary (DIN: 00059059) as Independent Director |
Historical Stock Returns for Hisar Metal Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.31% | -1.49% | +2.50% | -3.06% | -22.18% | +6.29% |
How will the specialized expertise of the new Independent Directors in corporate litigation and sustainable fashion influence Hisar Metal's strategic direction?
Is the Re 1 per share dividend sustainable given the company's financial performance for the year ended March 31, 2026?
What are the growth capital expenditure plans for FY2027 following the adoption of the audited financial statements?
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