The Indian Hume Pipe Company Limited has informed the stock exchanges of an upcoming board meeting, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled for Thursday, May 14, 2026, and will take up key agenda items including the consideration of audited financial results and a dividend recommendation.

Board Meeting Details

The board of directors will convene to consider the audited financial results for the quarter and year ended March 31, 2026. In addition to reviewing the financial performance, the board will also deliberate on the recommendation of dividend, if any, for the relevant period. The intimation was filed on May 6, 2026, and signed by Niraj R. Oza, Vice President – Company Secretary & Legal.

The key details of the scheduled board meeting are summarised below:

Trading Window Closure

In accordance with the company's Code of Conduct to Regulate, Monitor and Report Trading by the Promoters, Promoter Group, Directors, Designated Persons, Connected Persons and their Relatives, the trading window has been closed effective Wednesday, April 1, 2026. The closure will remain in effect until 48 hours after the results are made public on May 14, 2026 (both days inclusive). This measure is in line with standard regulatory practice to prevent insider trading during the period preceding the announcement of financial results.

The filing was submitted to both BSE Limited and the National Stock Exchange of India Ltd., ensuring compliance with applicable listing obligations.

Indian Hume Pipe Company Limited announced work orders worth Rs 461 crores through joint venture partnerships for major irrigation infrastructure projects in Maharashtra. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated 1 May, 2026.

Major Contract Awards

The company secured two substantial orders through strategic joint venture arrangements:

Project Specifications and Scope

The first contract involves the construction of Bhagpur Lift Irrigation Scheme Stage 2 and Gravity Pipe Distribution Network (PDN) in Jalgaon district. This project is awarded by the Lift Irrigation Construction Division, Jalgaon, under the Tapi Irrigation Development Corporation (TIDC). The company will execute this project through its joint venture with Prathmesh Construction.

The second contract covers the construction of Ner Lift Irrigation scheme phases 3 and 4 in the Jihe Kathapur area of Satara district. This project is commissioned by the Maharashtra Krishna Valley Development Corporation (MKVDC) and will be executed through a four-party joint venture including S.V. Jadhav Cont. P. Ltd., Indian Hume Pipe Ltd., Yogiraj Power Ltd., and Pruthviraj Desai.

Contract Terms and Structure

Both contracts are structured as percentage rate contracts (B1) with domestic entities. The projects encompass comprehensive infrastructure development including construction of lift irrigation systems, installation of pipe distribution networks, and operation and maintenance services for five years post-completion. The Bhagpur project excludes GST, royalty, insurance, and crop compensation, while the Ner project includes royalty and insurance but excludes GST.

Regulatory Compliance

The company confirmed that these contracts do not involve any related party transactions and are executed at arm's length. No promoter or group company interests exist in the awarding entities, ensuring transparent business operations. The disclosure was made pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 and SEBI Master Circular No. SEBI/HO/CFD/CFD/PoD2/CIR/P/0155 dated November 11, 2024.