Him Teknoforge Limited , a prominent player in the auto components and engineering goods sector, has announced significant leadership changes and financial decisions following its recent board meeting. The company's board has approved several key appointments and a dividend recommendation, signaling confidence in its future direction.

Leadership Re-appointments

The board of directors has approved the re-appointment of two key executives:

1. Mr. Vijay Aggarwal has been re-appointed as Managing Director for a three-year term starting January 31, 2026. Mr. Aggarwal, a founding director of Him Teknoforge, brings approximately 50 years of rich experience in the auto components and engineering goods industry.

2. Mr. Rajiv Aggarwal has been re-appointed as Joint Managing Director for a three-year term beginning August 14, 2026. With over 46 years of experience, including 13 years in chartered accountancy practice and 33 years in various corporate roles, Mr. Rajiv Aggarwal's expertise spans corporate finance, legal affairs, operations, marketing, and general management in the auto industry.

Both re-appointments are subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Continuation of Independent Director

The board has also approved the continuation of Mr. K. N. Gupta as an Independent Director beyond the age of 75 years until his current term expires on September 27, 2026. Mr. Gupta, who will turn 75 in March 2026, holds a Diploma from Indo-Swiss Training Centre, Chandigarh, a B.Sc. in Engineering, and an MBA from Camden University, USA. He brings over 43 years of diverse experience in the automotive and engineering industries.

Dividend Recommendation

In a move that will interest shareholders, the board has recommended a dividend of ₹0.50 per equity share with a face value of ₹2.00 for the financial year 2024-2025. The record date for dividend entitlement has been set for Wednesday, August 20, 2025.

Additional Corporate Actions

The company has also announced several other important decisions:

• Appointment of M/s. Ruchita Patel & Associates as Secretarial Auditors for a term of five consecutive financial years starting from FY 2025-26.
• The 54th Annual General Meeting is scheduled for Wednesday, August 27, 2025, at 11:00 a.m. at the company's registered office.
• The Register of Members and Share Transfer Book will remain closed from August 21, 2025, to August 27, 2025 (both days inclusive).
• E-voting for shareholders will be available from August 24, 2025 (9:00 a.m.) to August 26, 2025 (5:00 p.m.).

These developments underscore Him Teknoforge's commitment to maintaining strong leadership and corporate governance while rewarding its shareholders. The re-appointment of experienced directors and the dividend announcement reflect the company's stability and positive outlook in the competitive auto components and engineering goods sector.

Him Teknoforge Limited , a prominent player in the manufacturing sector, has made several key announcements following its recent board meeting. The company has recommended a dividend and approved significant changes in its leadership structure, along with setting important dates for shareholder engagement.

Dividend Announcement

The Board of Directors of Him Teknoforge Limited has recommended a dividend of Rs. 0.50 per equity share. This dividend will be paid on shares with a face value of Rs. 2.00 each, subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Leadership Reappointments

In a move to ensure continuity in its top management, the board has approved the following reappointments:

• Vijay Aggarwal: Reappointed as Managing Director for a term of 3 years, effective from January 31, 2026.
• Rajiv Aggarwal: Reappointed as Joint Managing Director for a 3-year term, starting from August 14, 2026.

Additionally, the board has approved the continuation of K N Gupta as an Independent Director. This decision comes as Mr. Gupta approaches 75 years of age in March 2026, demonstrating the company's confidence in his ongoing contributions.

Corporate Governance Updates

The company has also made several decisions to strengthen its corporate governance:

1. Appointment of M/s Ruchita Patel and Associate as the secretarial auditor for a five-year term.
2. Approval of the Directors' Report.

Important Dates for Shareholders

Him Teknoforge has set key dates for shareholder engagement:

Conclusion

These announcements reflect Him Teknoforge's commitment to shareholder value, leadership stability, and corporate governance. The dividend recommendation, leadership reappointments, and clear communication of important dates demonstrate the company's focus on transparency and shareholder engagement. As always, these decisions are subject to shareholder approval at the upcoming AGM.