HP Cotton Textile Mills Limited has announced the opening of a special window for the transfer and dematerialisation of physical shares, providing relief to investors who have been holding physical certificates for years. The facility will remain operational until February 04, 2027, offering a significant opportunity for shareholders to convert their holdings to electronic format.

SEBI Circular Implementation

The special window has been established in compliance with SEBI Circular No. HO/381/13/11/2026-MIRD-POU/13/750/2026 dated January 30, 2026. This regulatory directive aims to facilitate the conversion of physical shares to dematerialised form, addressing long-standing issues faced by investors in the transfer process.

The company published detailed notices in leading newspapers on March 13, 2026, including Mint (English) and Hari Bhoomi (Hindi), ensuring wide dissemination of information to all stakeholders.

Eligibility Criteria and Scope

The special window is exclusively available to investors who meet specific conditions related to their share purchases and transfer history:

The facility addresses two primary categories of investors: those who never attempted to transfer their physical shares and those whose transfer requests were previously rejected or returned due to incomplete or deficient documentation.

Application Matrix and Process

To provide clarity on eligibility, the company has published a comprehensive matrix outlining various scenarios:

The application process requires investors to submit original share certificates along with transfer deeds and supporting documents. Only complete applications with all required documentation will be considered under this special window.

Contact Information and Support

Investors seeking to utilise this facility can contact the company's Registrar and Transfer Agent:

The company has emphasised that this window represents a significant opportunity for eligible shareholders to regularise their holdings and benefit from the convenience of dematerialised shares.

Company Background

HP Cotton Textile Mills Limited, incorporated under CIN L18101HR1981PLC012274, operates as a recognised Star Export House by the Government of India. The company maintains its registered office at 15th K.M. Stone, Delhi Road, V.P.O. Mayar, Hisar-125044, Haryana, with corporate offices in New Delhi.

The announcement was signed by Shubham Jain, Company Secretary and Compliance Officer, dated March 12, 2026, demonstrating the company's commitment to regulatory compliance and shareholder service.

Source: None/Company/INE950C01014/ec36f87d-8f8d-42ee-aacf-c70f22ecd954.pdf

HP Cotton Textile Mills Limited announced its unaudited consolidated and standalone financial results for the quarter ended December 31, 2025, which were approved by the Board of Directors on February 11, 2026. The textile manufacturing company demonstrated improved financial performance across key metrics during the third quarter of fiscal year 2026.

Financial Performance Overview

The company's consolidated financial results showed steady growth in both revenue and profitability. Revenue from operations reached ₹3,358 lacs in Q3FY26, representing an increase from ₹3,265 lacs in the corresponding quarter of the previous year. Total income, including other income of ₹54 lacs, stood at ₹3,412 lacs for the quarter.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company recorded consolidated revenue from operations of ₹10,394 lacs, compared to ₹9,170 lacs in the same period of the previous year, marking a growth of 13.35%. The nine-month profit reached ₹228 lacs, substantially higher than ₹160 lacs achieved in the corresponding period of the previous year.

Expense Structure and Cost Management

The company's total expenses for Q3FY26 amounted to ₹3,321 lacs, compared to ₹3,251 lacs in Q3FY25. Key expense components included cost of materials consumed at ₹1,363 lacs, employee benefits expense of ₹869 lacs, and power and fuel costs of ₹445 lacs. The company benefited from a favorable change in inventories of finished goods and work-in-progress, which resulted in a credit of ₹90 lacs during the quarter.

Impact of Labour Code Implementation

The company disclosed the financial impact of new Labour Codes notified by the Government of India on November 21, 2025. These codes consolidate twenty-nine existing labour laws and introduce changes including uniform wage definitions and enhanced leave benefits. The implementation resulted in an increase in gratuity and leave liability by ₹29.25 lacs, which was recognized in the Statement of Profit and Loss for the quarter and nine months ended December 31, 2025.

Business Segment and Operations

HP Cotton Textile Mills operates in a single business segment of textile manufacturing, specifically spinning operations. The company's registered office and manufacturing facility are located at 15th Km Stone, Delhi Road, VPO Mayar, Hisar, Haryana. The corporate office is situated in New Delhi. The consolidated results include the parent company and its subsidiary, HP MMF Textiles Limited, which reported nil revenue and a net loss of ₹0.33 lacs for the quarter.

Regulatory Compliance and Audit

The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) for interim financial reporting and comply with SEBI Listing Regulations. D. Kothary & Co., Chartered Accountants, conducted a limited review of both consolidated and standalone financial results. The audit committee reviewed the results before Board approval, ensuring adherence to regulatory requirements and accounting standards.