Latest news about Hindustan Motors
Hindustan Motors
17.08
-0.05(-0.29%)
Company Performance:
View Company Insights1D-0.29%
1M-3.17%
6M-1.39%
1Y-46.02%
5Y+114.84%
More news about Hindustan Motors
12Nov 25
Hindustan Motors Reports Mixed Q2 Results Amid Land Possession Loss and Operational Challenges
Hindustan Motors Limited reported total income of Rs. 9.00 lakh for Q2 FY2026, down from Rs. 511.00 lakh in the previous quarter. Total assets stood at Rs. 6,349.31 lakh as of September 30, 2025. The company faced a significant setback with the West Bengal government taking possession of 395 acres of resumed land on July 11, 2025, following legal challenges. The Uttarpara plant remains under 'suspension of work' since May 2014. Auditors have issued a qualified review report citing material uncertainty about the company's ability to continue as a going concern. Despite challenges, management is seeking new business partners and exploring growth opportunities.
19Sept 25
Hindustan Motors Shares Set for Delisting from NSE Following Voluntary Application
Hindustan Motors Limited has applied for voluntary delisting from the National Stock Exchange of India (NSE). The company submitted its application on August 18, 2025. Trading of Hindustan Motors shares will be suspended on October 3, 2025, with the official delisting effective from October 10, 2025. The company's trading symbol on NSE is HINDMOTORS (BE series). This information was disclosed to the Bombay Stock Exchange by the company's secretary on September 19, 2025, following NSE's circular on September 18, 2025.
12Aug 25
Hindustan Motors Appoints New Directors and Sets Date for 83rd AGM
Hindustan Motors Limited has approved significant changes to its Board of Directors and set the date for its 83rd Annual General Meeting. Mrs. Mou Mukherjee has been appointed as a Non-Executive and Non-Independent Director, while Mr. Sourav Daspatnaik joins as a Non-Executive and Independent Director, both effective from September 24, 2025. The company's AGM is scheduled for the same date. The Board has also approved the reconstitution of key committees including the Audit Committee, Nomination and Remuneration Committee, and Committee of Independent Directors.
06Aug 25
Hindustan Motors Reports Profit, Plans NSE Delisting Amid Land Resumption
Hindustan Motors Limited (HM) reported a net profit of Rs 4.16 crore for Q1 FY2024, compared to a loss in the previous quarter. Total income was Rs 5.11 crore, mainly from other income. The company faces operational challenges with no significant operations and loss of its Uttarpara factory land. HM's Board approved voluntary delisting from NSE while maintaining BSE listing. The company is exploring new business avenues and seeking partners to utilize remaining assets.
06Aug 25
Hindustan Motors Reports Profit, Approves NSE Delisting, and Faces Land Resumption
Hindustan Motors Limited (HML) reported a net profit of Rs 416.00 lakhs for Q1 FY2026, compared to a loss of Rs 71.00 lakhs in the previous quarter. Total income reached Rs 511.00 lakhs, largely from unspent liabilities and provisions. The company approved voluntary delisting from NSE and reappointed Mr. Om Prakash Gupta as an Independent Director. West Bengal government took possession of 395 acres of HML's Uttarpara plant land following legal proceedings. Despite challenges, HML's accumulated losses have reduced, and net worth has improved. The company remains debt-free and is seeking new business opportunities.
16Jul 25
Hindustan Motors Embroiled in Land Dispute with West Bengal Government
Hindustan Motors alleges unlawful possession of its Uttarpara plant by the West Bengal government, despite the matter being sub judice in the Supreme Court. The government claims it reclaimed 395 acres of unutilized land in 2022. The dispute is set for a Supreme Court hearing on July 22. The Uttarpara plant, historically significant as the production site of the iconic Ambassador car, ceased operations in 2014 due to low demand and financial issues.
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13,050.00
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17.08
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