Housing development and infra has announced that its board of directors will convene on January 13, 2026, at 2:30 PM to consider and confirm the company's standalone unaudited financial results. The meeting will address financial performance for two specific periods: the quarter ended June 30, 2025 (Q1FY26) and the quarter and half-year ended September 30, 2025 (Q2FY26).

Corporate Insolvency Resolution Process Status

The company continues to operate under Corporate Insolvency Resolution Process (CIRP), which commenced 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 Resolution Professional Abhay Narayan Manudhane.

Financial Results Under Consideration

The upcoming board meeting will focus on reviewing and confirming financial results for two distinct reporting periods within FY 2025-26. The company will present standalone unaudited financial results covering both quarterly and half-yearly performance metrics.

Regulatory Compliance

The board meeting announcement fulfills the company's obligations under Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings scheduled to consider financial results.

The notification was formally communicated to both the National Stock Exchange of India Limited and BSE Limited on January 6, 2026. Housing Development and Infrastructure Limited trades under the symbol HDIL on NSE and script code 532873 on BSE.

Resolution Professional Authority

Under the current CIRP framework, Resolution Professional Abhay Narayan Manudhane holds the authority to manage the company's operations and decision-making processes. His IBBI registration number IBBI/IPA-001/IP-P00054/2017-2018/10128 validates his appointment to oversee the insolvency resolution proceedings and ensure continued compliance with regulatory requirements.

Housing Development and Infrastructure Limited (HDIL) has announced the appointment of new statutory auditors as part of its ongoing corporate restructuring process. The appointment comes as the company continues to operate under the Corporate Insolvency Resolution Process.

Auditor Appointment Details

The Committee of Creditors (CoC) has approved the appointment of M/s. Dayal Lohia, Chartered Accountants, as the company's statutory auditors. The decision was made during the 42nd CoC meeting held on October 9, 2025, with the e-voting results officially declared on December 15, 2025.

Corporate Insolvency Status

HDIL is currently operating under the Corporate Insolvency Resolution Process pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016. The company's affairs, business, and assets are being managed by Resolution Professional Mr. Abhay N Manudhane, who was appointed by the Honourable National Company Law Tribunal, Mumbai Bench, through an order dated August 20, 2019.

Regulatory Compliance

The appointment disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both the National Stock Exchange of India Limited and BSE Limited about this statutory requirement.

The appointment of statutory auditors represents a significant step in the company's ongoing insolvency resolution process, ensuring continued compliance with regulatory requirements during this restructuring phase.