Hisar Metal Industries has fixed August 17, 2026 as the record date to determine the eligibility of shareholders for a dividend payment recommended by the Board of Directors for the financial year ended March 31, 2026. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM). The company stated that the dividend, once approved, will be paid within 30 days from the date of approval.

The 36th AGM of the Company is scheduled to be held on Friday, August 28, 2026, at 9:00 A.M. at the Registered Office located near Industrial Development Colony, Delhi Road, Hisar (Haryana)-125005. In accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and Share Transfer Books of the Company will remain closed from Tuesday, August 18, 2026 to Friday, August 28, 2026 (both days inclusive). This closure is for the purpose of the AGM and for determining shareholders entitled to the dividend.

Key Corporate Event Details

The following table outlines the critical dates and details regarding the upcoming corporate actions:

The intimation was submitted to the Bombay Stock Exchange and the National Stock Exchange of India Limited by Vishesh Kumar Chugh, Company Secretary & Compliance Officer, on May 30, 2026.

Hisar Metal Industries appointed Mr. Manish Jain and Mr. Shreyaskar Chaudhary as Additional Directors designated as Non-Executive Independent Directors for a term of five years commencing May 30, 2026, subject to shareholder approval. The board accepted the resignations of Mr. Rajender Kumar Leekha and Mr. Sanjay Kumar Jain from their positions as Independent Directors effective the close of business on May 30, 2026. These changes were approved by the Board of Directors in a meeting held on May 30, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Manish Jain, aged about 53 years, holds an LL.B. and possesses 25 years of experience in Civil, Arbitration, Commercial, and Corporate Litigation, currently practising as an Advocate in Hisar. Mr. Shreyaskar Chaudhary brings over 25 years of experience in the apparel and fashion industry, with expertise in people management, start-ups, product development, and business operations. He is a Textile Technology graduate from UMIST, Manchester (UK), and holds prominent roles including Vice Chairman of the Textile Sector Skill Council and Chairman of The Madhya Pradesh Textile Mills Association.

The resignations of Mr. Leekha and Mr. Jain were accepted effective May 30, 2026. In their resignation letters, both directors cited that they had not qualified the online proficiency test and were pre-occupied with their own business or elsewhere. They confirmed that there were no other material reasons for their resignations other than those mentioned. The company disclosed that neither resigning director holds directorships in any other listed entities.

The terms of appointment for both new directors are effective from May 30, 2026, up to May 29, 2031, subject to the approval of members by way of a Special Resolution. The company confirmed that neither appointee is debarred from holding the office of director by virtue of any SEBI order or any other authority.

Board Composition Changes