Housing Development and Infrastructure Limited has informed stock exchanges about the adjournment of its board meeting that was originally scheduled for April 13, 2026. The meeting was planned to consider the company's standalone unaudited financial results for the quarter and nine months ended December 31, 2025, of FY 2025-26.

Corporate Insolvency Resolution Process Status

The company is currently operating under Corporate Insolvency Resolution Process (CIRP) following an order from the National Company Law Tribunal, Mumbai Bench dated August 20, 2019. Under the provisions of the Insolvency and Bankruptcy Code, 2016, the powers of the Board of Directors and responsibility for managing the company's affairs have been transferred to the Resolution Professional.

Regulatory Compliance

The intimation was made pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's earlier intimation dated March 5, 2026, regarding the scheduled board meeting.

Meeting Details

The company has stated that the revised date for the meeting will be communicated in due course. The adjournment affects the timeline for the release of the company's financial results for the third quarter of FY 2025-26.

Housing Development and Infrastructure Limited has formally notified stock exchanges about the adjournment of its board meeting scheduled for March 13, 2026. The meeting was intended to consider the company's standalone unaudited financial results for the quarter and nine months ended December 31, 2025 of FY 2025-26.

Corporate Insolvency Resolution Process Status

The company is currently undergoing Corporate Insolvency Resolution Process under the provisions of the Insolvency and Bankruptcy Code, 2016, following an order from the Hon'ble National Company Law Tribunal, Mumbai Bench dated August 20, 2019. Under this process, the powers of the Board of Directors and responsibility for managing the company's affairs have been vested in Mr. Abhay Narayan Manudhane, who serves as the Resolution Professional.

Formal Exchange Communication

The adjournment was communicated through formal letters addressed to both National Stock Exchange of India Limited and BSE Limited. The communication referenced the earlier intimation dated March 5, 2026, regarding the scheduled meeting and confirmed that a revised date will be communicated in due course.

Resolution Professional Details

Mr. Abhay Narayan Manudhane is managing the company's affairs in his capacity as Resolution Professional under IBBI Registration No: IBBI/IPA-001/IP-P00054/2017-2018/10128. The formal communication bears his signature and professional seal, emphasizing the official nature of the adjournment decision.

Regulatory Compliance

The adjournment notification was made pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company trades under script code 532873 on BSE and security symbol HDIL on NSE. Stakeholders will be informed of the rescheduled meeting date through appropriate regulatory channels once finalized.