D&H India , a prominent industrial player, has received a significant boost from the Government of Madhya Pradesh. The company has secured approval for an Investment Promotion Subsidy of ₹4.7 crores under the state's Industrial Promotion Policy, 2021. This development marks a notable milestone for D&H India and underscores the government's commitment to fostering industrial growth in the region.

Subsidy Details

The Investment Promotion Subsidy approval comes with the following key features:

Implications and Outlook

The approval of this subsidy is expected to have several positive implications for D&H India:

1. Financial Support: The ₹4.70 crore subsidy, spread over seven years, will provide a steady stream of financial support to the company.

2. Investment Encouragement: This approval aligns with the Madhya Pradesh Industrial Promotion Policy, 2021, which aims to encourage industrial investment in the state.

3. Employment Generation: The subsidy's link to employment parameters suggests that D&H India may be incentivized to create more job opportunities.

4. Long-term Commitment: The seven-year disbursement period indicates a long-term commitment from both the government and the company towards industrial development in Madhya Pradesh.

Regulatory Compliance

In adherence to regulatory requirements, D&H India has duly informed the BSE Limited about this development. The company's intimation was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This Investment Promotion Subsidy approval represents a positive development for D&H India, potentially strengthening its financial position and contributing to the industrial growth of Madhya Pradesh.

D&H India , a leading industrial company, has reported a significant increase in profit for the quarter ended June 30, 2025, along with several key management changes.

Financial Performance

The company's standalone profit jumped 68% to Rs 134.08 lacs for the quarter, compared to Rs 79.83 lacs in the same period last year. Net sales also saw a healthy increase, rising to Rs 5,290.21 lacs from Rs 4,446.81 lacs year-over-year, marking an 18.9% growth.

On a consolidated basis, D&H India reported a profit of Rs 134.07 lacs, up from Rs 79.06 lacs in the previous year's quarter, representing a 69.6% increase.

The company's performance is reflected in its improved earnings per share (EPS), which rose to Rs 1.63 from Rs 0.99 on a standalone basis.

Management Changes

In addition to the strong financial results, D&H India announced several significant changes to its leadership team:

1. New COO Appointment: Mr. Ashok Jain has been appointed as the Chief Operating Officer (COO) of the company, effective August 14, 2025. Mr. Jain brings over 32 years of experience in various industries, including renewable energy and steel manufacturing.

2. New Independent Director: The company has appointed Mr. Anit Saklecha as an Additional Independent Director for a five-year term. This appointment is subject to shareholder approval.

3. Director Resignation: Mr. Rajendra Bandi has resigned from his position as Independent Director, citing personal reasons.

Board Meeting Outcomes

The board of directors, in their meeting held on August 14, 2025, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. They also took on record the Limited Review Report by the auditors for these results.

Shareholder Approvals

In the 40th Annual General Meeting held on August 13, 2025, shareholders approved several key resolutions, including:

1. The appointment of Mr. Niranjan Shastri as a Non-Executive Independent Director for a five-year term.
2. The appointment of Mrs. Atithi Vora as a Whole-time Director for a three-year term.
3. The appointment of M/s ABN & Co. as the new Statutory Auditors for a five-year term.
4. The appointment of M/s D.K. Jain & Co. as the Secretarial Auditors for a five-year term.

Conclusion

D&H India's strong financial performance, coupled with strategic management changes, positions the company for continued growth. The new appointments bring fresh perspectives and extensive experience to the leadership team, which could further drive the company's expansion and operational efficiency in the coming years.