Hindusthan Urban Infrastructure Announces Company Secretary Retirement and Expansion

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Key Highlights

HUIL has updated the timeline for its Company Secretary's departure, confirming M.L. Birmiwala's retirement on January 31, 2026, due to reaching superannuation age of 76. The company continues its ₹94.00 crore capacity expansion at Mandideep plant, expected to boost kiln capacity and generate monthly benefits of ₹2.77 crores.

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Hindusthan Urban Infra Limited (HUIL) has announced significant operational changes, including the retirement of its Company Secretary and a major capacity expansion at its Madhya Pradesh plant.

Company Secretary Retirement

The company has formally announced the retirement of Mr. M.L. Birmiwala, Company Secretary and Compliance Officer, effective from the close of business hours on January 31, 2026. The retirement is due to Mr. Birmiwala reaching the superannuation age of 76 years.

Parameter: Details
Position: Company Secretary & Compliance Officer
ICSI Membership: F1037
Retirement Date: January 31, 2026
Reason: Superannuation at age 76
Designation: President-Finance & Secretary

Mr. Birmiwala's cessation will also result in his departure as Key Managerial Personnel and Senior Management Personnel of the company. The company has expressed gratitude for his dedication, guidance, and commitment to maintaining high standards of corporate governance and compliance.

Capacity Expansion Initiative

The Board of Directors has approved a significant enhancement of production capacity at the company's plant in Mandideep, Madhya Pradesh. This strategic expansion demonstrates the company's commitment to growth and operational excellence.

Expansion Details: Specifications
Kiln Loading Capacity Increase: 9,900 MT
Kiln Dispatchable Capacity Boost: 7,900 MT
Total Investment Required: ₹94.00 crores
Expected Completion: June 2026
Projected Monthly Benefit: ₹2.77 crores

Financial and Operational Impact

The capacity expansion project represents a substantial investment in the company's future growth potential. With an expected monthly benefit of ₹2.77 crores, the expansion is anticipated to significantly enhance operational efficiency and revenue generation capabilities.

Succession Planning

HUIL is actively working to identify and hire a suitable replacement for Mr. Birmiwala's position. The company has committed to informing the Stock Exchanges once the vacancy is filled, ensuring continuity in financial leadership and compliance functions during this transition period.

These developments reflect HUIL's strategic approach to both operational expansion and leadership transition, positioning the company for sustained growth while maintaining strong governance standards.

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